‘Most Reliable, Least Speculative’ Valuation Prevails in Bankruptcy

Business Valuation UpdateVol. 17 No. 8
Legal and Court Case Update
August 2011

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bankruptcy
In re Global Technovations, Inc. (II)
2011 WL 1297356 (E.D. Mich.)
March 31, 2011
US
Federal Court
Michigan
United States District Court
Jeff Risius (appellants); Van Conway (debtor)
Battani

Summary

Federal district court affirms bankruptcy court’s solvency and “reasonably equivalent value” analysis based on more credible, substantive evidence from debtor’s expert.

See Also

In re Global Technovations, Inc. (II)

Full Text of Court Cases
March 31, 2011

Federal district court affirms bankruptcy court’s solvency and “reasonably equivalent value” analysis based on more credible, substantive evidence from debtor’s expert.