In Allocation Dispute Related to § 363 Sale, Bankruptcy Court Bridges Experts’ Value Gaps

BVLaw
Court Case Digests
March 26, 2019
3144 Women's Footwear, Except Athletic
316210 Footwear Manufacturing
bankruptcy
brand value, goodwill, intellectual property, expert testimony, intangible assets, loan valuations, collateral, going concern, liquidation, chapter 11, tangible assets, debtor, license agreement

In re Aerogroup International, Inc.
2019 Bank. LEXIS 904; 2019 WL 1407007
US
Federal Court
Federal
United States Bankruptcy Court
David Peress, Steven J. Hazel (defendant); James Donohue, Henry F. Owsley (plaintiff)
Carey

Summary

Bankruptcy court performs allocation analysis to divide proceeds from section 363 asset sale between two competing lenders, finding debtor’s intellectual property is most valuable asset; court notes that, at time of sale, debtor was neither healthy going concern nor subject of forced liquidation.

See Also

In re Aerogroup International, Inc.

Bankruptcy court performs allocation analysis to divide proceeds from section 363 asset sale between two competing lenders, finding debtor’s intellectual property is most valuable asset; court notes that, at time of sale, debtor was neither healthy going concern nor subject of forced liquidation.

This article also appears in:
Business Valuation UpdateVol. 25 No. 7