Solvency Opinions Admissible in Bankruptcy Court

Business Valuation Update BVLaw
Legal and Court Case Update
August 19, 1999

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3312 Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills
331110 Iron and Steel Mills and Ferroalloy Manufacturing
bankruptcy
expert testimony
In re Valley-Vulcan Mold Co., Debtor
I1999 Bankr. LEXIS 991
US
Federal Court
6th Circuit
United States Bankruptcy Court
Jeffrey R. Greene (for Valley-Vulcan Mold Co.)

Summary

The U.S. Court of Appeals for the 6th Circuit affirmed the bankruptcy court's decision to permit expert testimony regarding the solvency of the debtor on the date of the alleged preferential transfer.

See Also

In re Valley-Vulcan Mold Co., Debtor

Full Text of Court Cases
August 19, 1999

At issue is whether the bankruptcy court erred in admitting expert testimony on matters of valuation.