Ivey Business School (Canada)
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Emerging Markets Development Group: Bankruptcy and Restructuring in Partnerships
John Stocker; Jennifer McCloskey; and Daniel GiesCase IVEY-W27512-EFinance, StrategyUS-registered Emerging Markets Development Group (EMDG), a small but successful international consulting firm that provided development assistance in emerging and post-conflict regions, bet big on a project in Southeast Asia in 2008 that was financed by a Small Business Administration (SBA)-guaranteed loan issued by a local bank. The project failed, with catastrophic results. After seven years of attempting to dig themselves out of the hole, the ...Starting at €8.20