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Valuation: The Pillar of Corporate Restructuring

DailyDAC

Bankruptcy valuation of a debtor plays an integral part in bankruptcy, from debtor-in-possession financing, confirmation and how much creditors are paid. The post Valuation: The Pillar of Corporate Restructuring appeared first on DailyDAC.

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Limiting Credit Bidding in Section 363 Bankruptcy Sales Post-In Re Aéropostale, Inc.

DailyDAC

Chilled Credit Bidding and the Section 363 Sale Section 363(k) of the Bankruptcy Code (the “Code”) allows a secured creditor to bid at a section 363 sale and use the amount of their claim to offset the purchase price at the sale, called “credit bidding.” A court may limit this right “for cause.”

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

GL-1, an appraiser is “one who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective.” Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy.

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Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. Sales tax is not included in the calculation of fair market value, although Bidder A may have had to pay it!

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What Kind of Appraisal?

Drishti LLC Appraisers

A restricted appraisal is a written appraisal that provides a valuation, but information is for the client only and cannot be shared with anyone else. For example, a client cannot use a restricted appraisal as a basis for a sales price with an auction house or antique dealer. It is not used for forced sale or bankruptcy situations.

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Personal Property Appraisals 101

DailyDAC

A property appraisal is useful in situations like buy/sell transactions, auctions, and liquidation sales. Learn the ins and outs, from process to pricing. The post Personal Property Appraisals 101 appeared first on DailyDAC.

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Analyzing Executory Contracts: Can AI Save Us From the Contract Tsunami?

DailyDAC

Having a full understanding of a companys executory contracts is essential to understanding the company as a debtor and its assets. The post Analyzing Executory Contracts: Can AI Save Us From the Contract Tsunami? appeared first on DailyDAC.