Burtch v. Opus, LLC (In re Opus East, LLC) (II)

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March 31, 2016

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6552 Land Subdividers and Developers, Except Cemeteries
237210 Land Subdivision
bankruptcy
discount, liquidation, real estate, fraudulent transfer, avoidable transfer, chapter 7 bankruptcy, going concern value, debtor, cash flow projections
Burtch v. Opus, LLC (In re Opus East, LLC) (II)
2016 U.S. Dist. LEXIS 42955
US
Federal Court
Delaware
United States District Court
Quentin Mimms (trustee/appellant); Daniel Lentz (defendants/appellees)
Andrews

Summary

In Chapter 7 case, district court upholds Bankruptcy Court’s insolvency determination, which was a predicate to many of trustee’s claims; reviewing court says evidence supports use of going-concern valuation and rejection of liquidation discount.
Burtch v. Opus, LLC (In re Opus East, LLC) (II)
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See Also

Bankruptcy Court’s Going-Concern Valuation Weathers Appeal

Legal and Court Case Update
August 2016

In Chapter 7 case, district court upholds Bankruptcy Court’s insolvency determination, which was a predicate to many of trustee’s claims; reviewing court says evidence supports use of going-concern valuation and rejection of liquidation discount.

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