Court Adjusts Discount Rate to Reflect Current Economic Risks

Business Valuation UpdateVol. 16 No. 4
Legal and Court Case Update
April 2010
1222 Bituminous Coal Underground Mining
212112 Bituminous Coal Underground Mining
bankruptcy

Miller Bros. Coal v. Consol of Kentucky, Inc.
2009 WL 4904032 (Bkrtcy. E.D. Ky.))
December 11, 2009
US
Federal Court
Kentucky
United States Bankruptcy Court
James A Reeder, John Lucian, Mary L Fullington, Sally E Edison
Emily Medine (plaintiffs); Gleason & Associates (defendants)
Howard

Summary

Bankruptcy case discusses downward adjustment to discount rate used in calculation of lost profits damages to account for current market disruptions and risk.

See Also

Miller Bros. Coal v. Consol of Kentucky, Inc.

Bankruptcy case discusses downward adjustment to discount rate used in calculation of lost profits damages to account for current market disruptions and risk.