The case tells the story of the Volkswagen diesel scandal, which was made public in September 2015. At the time, Volkswagen was a much-loved brand, praised for its environmental credentials and on target to become the world’s largest car manufacturer.

The object of this case is the huge equity offering attempted by Time Warner in June/July 1991. The case outlines the position of the company and the controversial structure of the offering.

The case covers the initial public equity offering of GPA in 1992. The offering was a failure. The case requires students to analyse the company, the industry, and decide on whether and how to structure the flotation.

Meteorage Franklin is a small technology start-up firm that has been in nearly continual financial distress through its first 3 years of existence. In July 1989 the company finds itself out of cash and with no available sources of financing. Facing almost certain bankruptcy, the management are frantically searching for a solution to their problem which avoids bankruptcy.