Summary
In issue of first impression, Third Circuit confirms that the term “commercially reasonable determinant of value” as used in Sec. 562 of the Bankruptcy Code includes the discounted cash flow methodology, particularly when markets are dysfunctional.
In re American v. Home Mortgage Holdings, Inc.
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See Also
3rd Circuit Confirms DCF to Value Mortgage Portfolios in Dysfunctional Markets
In issue of first impression, 3rd Circuit confirms that the term “commercially reasonable determinant of value” as used in Sec. 562 of the Bankruptcy Code includes the discounted cash flow methodology, particularly when markets are dysfunctional.