Auction of Art by Michael Jackson Abruptly Halted
Artnet News
AUGUST 7, 2024
A last-minute bankruptcy filing has put a pause the sale. The post Auction of Art by Michael Jackson Abruptly Halted appeared first on Artnet News.
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Limiting Credit Bidding in Section 363 Bankruptcy Sales Post-In Re Aéropostale, Inc.
DailyDAC
JULY 29, 2020
Chilled Credit Bidding and the Section 363 Sale Section 363(k) of the Bankruptcy Code (the “Code”) allows a secured creditor to bid at a section 363 sale and use the amount of their claim to offset the purchase price at the sale, called “credit bidding.” A court may limit this right “for cause.”
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Valuation: The Pillar of Corporate Restructuring
DailyDAC
OCTOBER 14, 2024
Bankruptcy valuation of a debtor plays an integral part in bankruptcy, from debtor-in-possession financing, confirmation and how much creditors are paid. The post Valuation: The Pillar of Corporate Restructuring appeared first on DailyDAC.
Understanding the Different Levels of Value: It’s Worth What Where and When?
Artifactual History Appraisal
SEPTEMBER 17, 2019
An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. Sales tax is not included in the calculation of fair market value, although Bidder A may have had to pay it!
What You Need to Know When Hiring a Personal Property Appraiser
Anubis Appraisal and Estate Services
FEBRUARY 4, 2024
Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy. Appraisal methodology is determined with the purpose of the appraisal, different appraisal purposes will have different types of values.
What’s In Your Cabinet? Tupperware Files Chapter 11
WorthPoint
OCTOBER 10, 2024
She called it “the good plastic,” much like the good china or the good silver, and many collectors feel the same about the brand, especially in light of the company’s recent filing for Chapter 11 bankruptcy protection. Thrift stores, estate, and garage sales are excellent places to look for pieces.
Vintage Revere Ware—Alive and Cooking
WorthPoint
OCTOBER 24, 2024
. “One day you’re flying high, and the next someone decides to start manufacturing aluminum pots ,” Neman wrote, adding that the company changed hands several times and endured a few bankruptcies until “Revere Ware just fizzled away.” ” Corning Glass bought Revere Ware in 1988. You rely on clues.
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