Bankruptcy Trustee’s Efforts to Go After Valuation Group Backfire

Business Valuation UpdateVol. 13 No. 10
Legal and Court Case Update
October 2007
bankruptcy

In re Nanovation Technologies, Inc
2007 Bankr. LEXIS 1862
May 17, 2007
US
Federal Court
Illinois
United States Bankruptcy Court
Robert Reilly (trustee); KPMG and Sherwin
Hollis

Summary

Bankruptcy Court discredits trustee’s valuation assumptions (growth rates, pricing multiple) as inconsistent and “seriously misguided” attempt to go after debtor’s valuation advisors.

See Also

In re Nanovation Technologies, Inc

Bankruptcy Court discredits trustee’s valuation assumptions (growth rates, pricing multiple) as inconsistent and “seriously misguided” attempt to go after debtor’s valuation advisors.