In this paper, Michael Vitti, managing director in Duff & Phelps’ Disputes Consulting practice, addresses the use of the debtor's contemporaneous stock and debt prices.
This is the first of three papers that provide a business valuation practitioner's perspective on how to use contemporaneous information to assess the debtor's solvency on the relevant date.
Read the Paper: Grounding Retrospective Solvency Analyses in Contemporaneous Information: Part I
This article first appeared in Business Valuation Review (Volume 32, No. 4), a professional journal of the American Society of Appraisers (ASA). It is being reprinted with permission from the ASA. The ASA reserves all rights.