DCF, Including Tax Affecting and Discounts, May Not Apply to Insolvency Opinions

Business Valuation UpdateVol. 16 No. 11
Legal and Court Case Update
November 2010
8062 General Medical and Surgical Hospitals
622110 General Medical and Surgical Hospitals
bankruptcy

Paloian v. LaSalle Bank
2010 WL 3363596 (C.A.7 (Ill.))
August 27, 2010
US
Federal Court
7th Circuit
United States Court of Appeals
none
Easterbrook

Summary

7th Circuit finds that tax affecting and discounts are inappropriate in an insolvency analysis and that a trustee for securitized assets is an “initial transferee” for purposes of the Bankruptcy’s Code's provisions on preferential transfers.

See Also

Paloian v. LaSalle Bank

7th Circuit finds that tax affecting and discounts are inappropriate in an insolvency analysis and that a trustee for securitized assets is an “initial transferee” for purposes of the Bankruptcy Codes' provisions on preferential transfers.