Valuation Evidence Helps Support Trustee’s Successful Claims

Business Valuation UpdateVol. 15 No. 5
Legal and Court Case Update
May 2009

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3599 Industrial and Commercial Machinery and Equipment, NEC
333999 All Other Miscellaneous General Purpose Machinery Manufacturing
bankruptcy
Boyer v. Crown Stock Distribution, Inc.
2009 WL 418275 (N. D. Ind.)
February 17, 2009
US
Federal Court
Indiana
United States District Court

Summary

Bankruptcy court voids $6 million paid for company as a fraudulent transfer, when valuation evidence shows it was worth no more than $4 million as a going concern at time of sale.

See Also

Boyer v. Crown Stock Distribution, Inc.

Full Text of Court Cases
February 17, 2009

Bankruptcy court voids $6 million paid for company as a fraudulent transfer, when valuation evidence shows it was worth no more than $4 million as a going concern at time of sale.