Management Projections, DCF Discount Rate, and More Are Key to Bankruptcy Valuation

Business Valuation UpdateVol. 17 No. 5
Legal and Court Case Update
May 2011
bankruptcy

In re Spansion
426 B.R. 114
April 1, 2010
US
Federal Court
Delaware
United States Bankruptcy Court
Henry Owsley (debtors); Michael Genereux (senior noteholders); and Richard Morgner (Convert Committee)
Carey

Summary

Bankruptcy court finds billion-dollar total enterprise valuation of flash memory manufacturer supports finding that proposed reorganization plan is fair but declines confirmation pending amendments to equity incentives for management.

See Also

In re Spansion

Bankruptcy court finds billion-dollar total enterprise valuation of flash memory manufacturer supports finding that proposed reorganization plan is fair, but declines confirmation pending amendments to equity incentives for management.