Valuation Date for Rejection Damages in Bankruptcy

Business Valuation UpdateVol. 11 No. 12
Legal and Court Case Update
December 2005
3841 Surgical and Medical Instruments and Apparatus
339112 Surgical and Medical Instrument Manufacturing
bankruptcy
fair market value (FMV), chapter 11, valuation date

In re American Homepatient, Inc.
2005 U.S. App. LEXIS 13800
July 11, 2005
US
Federal Court
6th Circuit
United States Court of Appeals
Alan Wright, C. Ashley Ellis, Frank J. Wright, James R. Kelley, Robert J. Mendes
Stafford

Summary

American HomePatient Inc. (AHP) entered into a credit agreement with certain of its secured lenders that included a warrant agreement that called for AHP to issue two series of warrants, which, when exercised, would permit the warrant holders to purchase 3,265,315 shares (or 19.99%) of AHP common stock at an exercise price of $0.01 per share.

See Also

In re American Homepatient, Inc.

American HomePatient Inc. (AHP) entered into a credit agreement with certain of its secured lenders that included a warrant agreement that called for AHP to issue two series of warrants.