We have been called into many Large Corporation Bankruptcies any many areas of the country. Often times we are brought in by the manager to establish exactly what equipment is currently in place. We will often times provide multiple values for the equipment. This allows the manager and the courts to decide if the company should continue as a going concern, be sold over time, or be liquidated. Our values can help a court predecide what is the best course of action.
We are also called upon often as Expert Witnesses to advocate our equipment appraisal report values in the court room. We have passed the Daubert Challenge in several State and Federal Bankruptcy courts.
Call us to request more information and any information that can help you through this process.
In Bankruptcy / Insolvency / Repossession an Equipment Appraisal is many times Required or Needed.
Here are some primary things you need to consider: