Bankruptcy Court Exposes ‘Perils’ of DCF Without Good Expert Evidence

Business Valuation UpdateVol. 18 No. 5
Legal and Court Case Update
May 2012
8062 General Medical and Surgical Hospitals
622110 General Medical and Surgical Hospitals
bankruptcy
bankruptcy, discounted cash flow (DCF), fair market value (FMV), fraudulent conveyance

In re Greater Southeast Community Hospital Corp. (III)
2012 Bankr. LEXIS 618
February 22, 2012
US
Federal Court
District of Columbia
United States Bankruptcy Court
Neil Demchick (plaintiff); Kevin Moss (defendant)
Teel Jr.

Summary

In fraudulent conveyance action, court admits errors in its own discounted cash flow valuation of hospital, but denies motion to reconsider, finding the trustee has the burden to present competent expert evidence regarding reasonably equivalent value.

See Also

In re Greater Southeast Community Hospital Corp. (III)

In fraudulent conveyance action, court admits errors in its own discounted cash flow valuation of hospital, but denies motion to reconsider, finding the trustee has the burden to present competent expert evidence regarding reasonably equivalent value.