Premise of Value Issue in Bankruptcy

Business Valuation UpdateVol. 10 No. 1
Legal and Court Case Update
January 2004
7374 Computer Processing and Data Preparation and Processing Services
518210 Data Processing, Hosting, and Related Services
bankruptcy
bankruptcy, going concern, earnings before interest, taxes, depreciation, amortization (EBITDA)

In re Lason, Inc.
2003 Bankr. LEXIS 1324
October 15, 2003
US
Federal Court
Delaware
United States Bankruptcy Court
Walrath

Summary

The issue in this Chapter 11 bankruptcy is whether the secured creditors would receive more under a liquidation of the debtors’ businesses under Chapter 7 than they would under the Chapter 11 plan.

See Also

In re Lason, Inc.

At issue in this case is whether or not the asset in question can be valued as a going concern at fair market value.