Bank of America, N.A. v. Veluchamy (In re Veluchamy)

BVLaw
Full Text of Court Cases
December 18, 2014

Access the Full Article

This article and its downloads are available with a subscription to any of these products:
It is also available in this product:
Already a subscriber or product owner?  Login
This article is also available for purchase. (27,160 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
7331 Direct Mail Advertising Services
511140 Directory and Mailing List Publishers
bankruptcy
expert testimony, income approach, size premium, tax affecting, capitalization rate, comparable companies analysis, discount for lack of marketability (DLOM), market approach, trustee, fraudulent transfer, s corporation, equity risk premium (ERP), company specific risk, stock valuation, creditor, compensation, income capitalization, industry risk adjustment, normalized net cash flow
Bank of America, N.A. v. Veluchamy (In re Veluchamy)
2014 Bankr. LEXIS 5106 ()
US
Federal Court
Illinois
United States Bankruptcy Court
G. William Kennedy (estate); Daniel Van Vleet (defendants)
Wedoff

Summary

In a fraudulent transfer case involving S corp, court says valuation should reflect that buyers of S corps would experience a reduction in the value of the corporations' earnings because of the need to pay personal income taxes on those earnings.
Bank of America, N.A. v. Veluchamy (In re Veluchamy)
PDF, Size: 645 KB

See Also

Bankruptcy Court Accepts Rationale for Tax Affecting

Legal and Court Case Update
March 2015

In a fraudulent transfer case involving S corp, court says valuation should reflect that buyers of S corps would experience a reduction in the value of the corporations' earnings because of the need to pay personal income taxes on those earnings.

This article also appears in:
Business Valuation & Bankruptcy Compendium, Third Edition