Previous Valuations Assist in Showing Debtor’s Post-LBO Solvency

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2007
3648 Lighting Equipment, NEC

Federal Court
6th Circuit
United States Court of Appeals

Summary

The U.S. Court of Appeals for the Sixth Circuit reversed the bankruptcy court's grant of summary judgment in favor of the creditor's regarding the solvency of the company just after the LBO transaction. The court noted that the purchase price is highly p ...

See Also

In re Structurlite Plastics Corporation: SPC Corporation, et al. v. Robert E. Griffith, et al.

The U.S. Court of Appeals for the Sixth Circuit reversed the bankruptcy court's grant of summary judgment in favor of the creditor's regarding the solvency of the company just after the LBO transaction. The court noted that the purchase price is highly p ...