Unless the asset is sold, it must be valued to determine the estate s interest in the asset. Depending on the purpose of the valuation, courts can justifiably use liquidation, going-concern or other types of value for assets. To the Court Bankruptcy is difficult enough for both debtor and creditor without arguments about the value of assets. Prudent business people will come to mutually agreeable valuations so that they can turn their attention to the formulation, negotiation and confirmation of a reorganization plan that truly serves everyone s interests. All involved are better off if they value their claims and interests rather than leaving it to the court.
Court decisions can be both unpredictable and expensive.
Please call us if you have any questions about valuations in the context of bankruptcy. We would be glad to provide well-established, objective valuations to help you resolve potential disputes before they wind up in court.