This case involves a chemical plant in South Dakota that was shut down for various breaches of environmental regulatory codes. It was discovered that over the course of a year, the chemical plant repeatedly violated air quality standards by improperly storing chemical substances, contaminated various drainage channels with toxins, and spilled approximately 500 lbs. of chemicals into nearby rivers. After the plant received an order requiring it to suspend operations, news that the plant had failed to protect against spills of hazardous waste went public. Within hours, the company’s shares dropped 35%. The plant filed for bankruptcy shortly thereafter. An expert in corporate banking was sought to review the case and determine whether or not bankruptcy was a foreseeable outcome given the status of the company’s financials.