Court increases discount rate to reflect current market conditions
Miller Bros. Coal v. Consol of Kentucky, Inc, 2009 WL 4904032 (Bkrtcy. E.D. Ky.))(Dec. 11, 2009) Cases on the appropriate discount rate are relatively rare, so even this brief discussion by a federal bankruptcy court provides current guidance to lawyers on how current economic conditions may impact value. Downturn is not an ‘act of God.’ [...]
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