‘Levered’ DCF for Bankrupt Business Fits the Facts but Falls to Daubert Standard

Business Valuation UpdateVol. 16 No. 6
Legal and Court Case Update
June 2010
4833 Television Broadcasting Stations
515120 Television Broadcasting
bankruptcy

In re Young Broadcasting, Inc.
2010 WL 1544401 (Bkrtcy. S.D.N.Y.)
April 19, 2010
US
Federal Court
Federal
United States Bankruptcy Court
Andrew J Ehrlich, Andrew N Rosenberrg, Daniel M Perry, Gregory A Bray, Jo Christine Reed, Linda Dakim-Grimm, Mark C Scarsi, Peter D Wolfson
Timothy Kuhn (creditor’s committee)
Gonalez

Summary

Bankruptcy court rejects expert’s “levered DCF” approach under Daubert, finding it untested, unreliable, and unused in any other court or commonly accepted valuation.

See Also

In re Young Broadcasting, Inc.

Bankruptcy court rejects expert’s “levered DCF” approach under Daubert, finding it untested, unreliable, and unused in any other court or commonly accepted valuation.