For companies who have not filed for bankruptcy, the insolvency exception is critical.
The impact of the investor model is that it essentially guarantees a return to the intangibles developer for its efforts.
Obtaining a valuation from an independent valuation provider is essential to proving that the security has no liquidating value.
We were retained by a leading provider of wireless messaging and information services to provide various valuation services for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
VRC was asked by the attorneys representing the seller to provide multiple common stock valuations on a retrospective basis that would withstand a Big 4 audit review under tight deal closing deadlines.