Questions to be addressed in groups
1. Why is Marriott's chief financial officer proposing Project Chariot? What are the rationales for
Marriott to follow the proposed spin off strategy?
2. Analyze the capital structure of the proposed companies Marriott International and Host Marriott
using Exhibit 6 of the case.
3. What is the risk of being sued for fraudulent conveyance if Marriott goes ahead with the
4. Should MC make any concessions to the bondholders?
1. Marriott Corporation - Restructuring, in Case packet.