Based on interviews with executives, investors, and attorneys, this book presents case studies of 13 recent re-structurings of American, Canadian, German, and Thai companies. Bankruptcy reorganization, debt workouts, vulture investing, equity spin-offs, divestitures, and downsizing are all discussed. Appendixes offer a framework for analyzing corporate restructuring and technical advice on valuing companies. Gilson teaches at Harvard Business School. Annotation c. Book News, Inc., Portland, OR (booknews.com)