Court Adopts Expert’s Interest Rate, Based in Part on B/P Calculator

Business Valuation UpdateVol. 18 No. 2
Legal and Court Case Update
February 2012
6552 Land Subdividers and Developers, Except Cemeteries
237210 Land Subdivision
bankruptcy

In re Village at Camp Bowie I, L.P.
2011 Bankr. LEXIS 3033
August 4, 2011
US
Federal Court
New York
United States Bankruptcy Court
Allyn Bryant Needham (debtor); Paul French (lender)
Lynn

Summary

Bankruptcy court finds “cramdown” interest rate equals at least 6.4%, based on current commercial lending “realities” as well as expert’s application of debtor-specific risk factors, including benefits of bankruptcy and single lender.

See Also

In re Village at Camp Bowie I, L.P.

Bankruptcy court finds “cramdown” interest rate equals at least 6.4%, based on current commercial lending “realities” as well as expert’s application of debtor-specific risk factors, including benefits of bankruptcy and single lender.