Bankruptcy Court Cannot Just ‘Split the Difference’ in Divergent Discount Rates

Business Valuation UpdateVol. 15 No. 8
Legal and Court Case Update
August 2009

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4512 Air Transportation, Scheduled
481111 Scheduled Passenger Air Transportation
bankruptcy
United Airlines, Inc. v. Regional Airports Improvement Corp.
2009 WL 1181852 (C. A. 7 (Ill))
May 6, 2009
US
Federal Court
7th Circuit
United States Court of Appeals
Easterbrook

Summary

Bankruptcy court errs in applying discount rate and rental rates when valuing improvements to leased airport space under discounted cash flow method.

See Also

United Airlines, Inc. v. Regional Airports Improvement Corp.

Full Text of Court Cases
May 6, 2009

Bankruptcy court errs in applying discount rate and rental rates when valuing improvements to leased airport space under discounted cash flow method.