Certain Intangibles Only Have Value in Ongoing Business

Business Valuation UpdateVol. 18 No. 3
Legal and Court Case Update
March 2012
3861 Photographic Equipment and Supplies
325992 Photographic Film, Paper, Plate, and Chemical Manufacturing
bankruptcy

Pryor v. Tiffen (In re TC Liquidations LLC)
2011 Bankr. LEXIS 4950
December 6, 2011
US
Federal Court
New York
United States Bankruptcy Court
Michael Goodman (trustee); David Berliner and G. William Kennedy (debtor)
Eisenberg

Summary

Bankruptcy court discredits intangible asset appraisal of debtor’s patents, unpatented know-how, customer relationships, and trademarks, finding these have no value apart from an ongoing business concern.

See Also

Pryor v. Tiffen (In re TC Liquidations LLC)

Bankruptcy court discredits intangible asset appraisal of debtor’s patents, unpatented know-how, customer relationships, and trademarks, finding these have no value apart from an ongoing business concern.