Unfunded Pension Claim Valued Using Prudent Investor Rate

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2007

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Federal Court
6th Circuit
United States Court of Appeals

Summary

The Sixth Circuit affirmed the bankruptcy court's use of the prudent investor rate in calculating the present value of an unfunded pension liability claim.

See Also

In re CSC Industries, Inc. (Pension Benefit Guaranty Corporation v. Kathryn A. Belfance, Trustee)

Full Text of Court Cases
May 24, 2007

The Sixth Circuit affirmed the bankruptcy court's use of the prudent investor rate in calculating the present value of an unfunded pension liability claim.