Peter Gampel, managing director for Gampel Forensic and Valuation. Courtesy photo. Bankruptcy and Indubitable Equivalent Value—When Is a Prior Value Determination or Stipulated Value Not the Value of the Business?
A forensic accountant, litigation consultant or a business valuation expert is often tasked with the prospect of "interpreting" clauses in an agreement from a financial point of view without expressing a legal opinion. In addition, the expert may be required to then determine the financial consequences of that interpretation.
May 17, 2024 at 10:37 AM
9 minute read
Board of Contributors
A forensic accountant, litigation consultant or a business valuation expert is often tasked with the prospect of "interpreting" clauses in an agreement from a financial point of view without expressing a legal opinion. In addition, the expert may be required to then determine the financial consequences of that interpretation. Those results are often the subject of controversy when adversarial positions are posited by competing experts or when challenged in a court of law.
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