Grounding Retrospective Solvency Analyses in Contemporaneous Information: Part I

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American Society of Appraisers Business Valuation Review™
Winter 2013 Volume 32, Issue 4 pp. 186-211
Michael Vitti, CFA

Summary

Courts frequently use contemporaneous information to assess a debtor's solvency as of the date a disputed transfer was made or a disputed obligation was incurred. This is the first of three papers that provides a business valuation practitioner's perspective on how to use contemporaneous information to assess the debtor's solvency on the relevant date. This paper addresses the use of the debtor's contemporaneous stock and debt prices.
Grounding Retrospective Solvency Analyses in Contemporaneous Information: Part I
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