Boyer v. Crown Stock Distribution, Inc.

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February 17, 2009

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3599 Industrial and Commercial Machinery and Equipment, NEC
333999 All Other Miscellaneous General Purpose Machinery Manufacturing
bankruptcy
Boyer v. Crown Stock Distribution, Inc.
2009 WL 418275 (N. D. Ind.)
US
Federal Court
Indiana
United States District Court

Summary

Bankruptcy court voids $6 million paid for company as a fraudulent transfer, when valuation evidence shows it was worth no more than $4 million as a going concern at time of sale.
Boyer v. Crown Stock Distribution, Inc.
PDF, Size: 113 KB

See Also

Valuation Evidence Helps Support Trustee’s Successful Claims

Legal and Court Case Update
May 2009

Bankruptcy court voids $6 million paid for company as a fraudulent transfer, when valuation evidence shows it was worth no more than $4 million as a going concern at time of sale.

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