Proof of value is a bankruptcy lawyer’s stock in trade. It is the rare debtor, creditor, or trustee who does not eventually need to prove the value of a piece of collateral, or a business, or an intangible right. One of the most powerful tools in a lawyer’s valuation arsenal is the report of a professional “valuer”—an appraisal report, a valuation report, a broker’s price opinion, or a comparative market analysis. But such a report doesn’t do a litigant much good if the litigant can’t get that report admitted into evidence. And that is where the evidence problems come in.
May 30, 2012 Articles
For Both New and Experienced Lawyers—Particular Evidence Problems with Appraisals
One of the most powerful tools in a lawyer's valuation arsenal is the report of a professional “valuer.”
By Hon. Pam Pepper
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