If Bankruptcy Is Not “Clearly Imminent,” Corporation Must Be Valued on a Going-Concern Basis

Business Valuation UpdateVol. 11 No. 12
Legal and Court Case Update
December 2005
5251 Hardware Stores
444130 Hardware Stores
bankruptcy
bankruptcy, insolvency

In re Hechinger Investment Company of Delaware
2005 U.S. Dist. LEXIS 14386
July 19, 2005
US
Federal Court
Delaware
United States District Court
Dr. Israel Shaked (for liquidation trust)
Robinson

Summary

In June 1999, Hechinger Co. and its affiliates (Hechinger) filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code.

See Also

In re Hechinger Investment Company of Delaware

In June 1999, Hechinger Co. and its affiliates (Hechinger) filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code.