The Absolute Priority 'Rule' (APR) in Bankruptcy: Has It Now Been Enabled by the Courts to Allow Creditors to Liquidate Productively Viable U.S. Corporations?

Author:

Murphy Austin

Publisher

Elsevier BV

Reference25 articles.

1. 1994) and SunCruz Casinos;2003), as well as R&R Associates of Hampton, 402 F.3d,2005

2. and a distressed sale value can not be used for that purpose (In re Payless Cashways, Inc., 290 B.R. at 703 (Bankr. W.D. Mo. 2003)). The appraised value to be paid to a dissenting shareholder must incorporate the present value of the after-tax profits of the firm (Paskill Corp. v. Alcoma Corp., 747 A.2d 549;Del. LEXIS,2000

3. Much Ado About Nothing: Absolute Priorty Deviations in Chapter 11;W Beranek;Financial Management,1996

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