Case Study: Wells Aluminum Corp.

Wells Aluminum Corp., Indiana Situation & Problems: In March 1991, Wells Aluminum sold one of its customers, Kero Company, an unusually large volume of aluminum extrusions.  Before Wells could obtain payment for the extrusions, Kero filed Chapter 11 Bankruptcy in May 1991. Wells Aluminum was owned by Gibbons, Green, van Amerongen – the New York … Continue reading Case Study: Wells Aluminum Corp.