Bankruptcy Court’s Going-Concern Valuation Weathers Appeal

Business Valuation UpdateVol. 22 No. 8
Legal and Court Case Update
August 2016

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (2,178 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
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) (I)
2015 Bankr. LEXIS 923
March 23, 2015
US
Federal Court
Delaware
United States Bankruptcy Court
Quentin Mimms (trustee); Daniel Lentz (defendants)
Walrath

Summary

In Chapter 7 case, Bankruptcy Court finds trustee expert’s liquidation valuation fails to meet insolvency tests; court says expert’s substantial discounting of debtor’s assets is based on mistaken assumption and incompatible with going-concern valuation.

See Also

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

Full Text of Court Cases
March 23, 2015

In Chapter 7 case, Bankruptcy Court finds trustee expert’s liquidation valuation fails to meet insolvency tests; court says expert’s substantial discounting of debtor’s assets is based on mistaken assumption and incompatible with going-concern valuation.