Home > Tag > discount rate
Federal court asks experts for the ‘just right’ discount rate
A bankrupt chemical business didn’t owe $16.3 million in damages for breach of contract, because the claims were barred by the statute of limitations and a prior settlement. But just in case—the federal district court considered an issue that was certain to come up on an appeal: calculation of the discount rate to present value [...]
A bankruptcy court raises the discount rate because of the bad economy
Appraisers struggling to defend their discount rates will get some guidance from the short discussion in Miller Bros. Coal v. Consol of Kentucky, Inc, 2009 WL 4904032 (Bkrtcy. E.D. Ky.))(Dec. 11, 2009). This downturn is not an ‘act of God.’ In the first half of the opinion, the defendant tried to excuse its breach of a coal [...]
Share your thoughts...