‘Blurred’ Solvency Analysis Diminishes Expert’s Credibility

Business Valuation UpdateVol. 20 No. 9
Legal and Court Case Update
September 2014
7373 Computer Integrated Systems Design
541512 Computer Systems Design Services
bankruptcy
goodwill, expert testimony, intangible assets, discount, liquidation, solvency, book value, bankruptcy code, avoidable transfer, chapter 7 bankruptcy, going concern value

Stadtmueller v. Fitzgerald (In re Epic Cycle Interactive, Inc.)
2014 Bank. LEXIS 2622
June 6, 2014
US
State Court
California
United States Bankruptcy Court
Alan Myers (trustee); Michael Corson (defendants)
Latham

Summary

Bankruptcy court finds expert’s analysis “blurred the line” between going concern and liquidation value, detracting from opinion’s credibility; but court approves of expert’s “precise” time frame for capturing data with which to determine solvency.

See Also

Stadtmueller v. Fitzgerald (In re Epic Cycle Interactive, Inc.)

Bankruptcy court finds expert’s analysis “blurred the line” between going concern and liquidation value, detracting from opinion’s credibility; but court approves of expert’s “precise” time frame for capturing data with which to determine solvency.