Solvency Opinions PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Solvency Opinions PDF full book. Access full book title Solvency Opinions.
Author | : Andrew Smith |
Publisher | : Andrew Smith |
Total Pages | : 8 |
Release | : 2008-07 |
Genre | : |
ISBN | : 0615309925 |
Download Solvency Opinions Book in PDF, ePub and Kindle
Solvency Opinions Asolvency opinion, by design, aims to assure the directors of the Company, and/or the lenders in the transaction, that the transaction will not likely subject the Company, and its? other creditors, to undue financial distress. Houlihan Smith
Author | : |
Publisher | : Andrew Smith |
Total Pages | : 248 |
Release | : 2008-07 |
Genre | : |
ISBN | : 0615309941 |
Download Solvency Compendium Book in PDF, ePub and Kindle
A solvency opinion provides assurance to a company's Board of Directors and/or the lenders that the transaction will not likely subject the Company and its unsecured and other creditors to undue financial distress. Houlihan will undertake a solvency opinion engagement for companies involved in highly leveraged transactions. Examples include leveraged buyouts, leveraged recapitalizations, leveraged dividends or other such situations where there may be minimal equity involved. Houlihan has also completed solvency opinions for spin-off transactions in conjunction with capital restructuring and significant debt refinancing.The Federal Bankruptcy Code defines "insolvent" as the condition in which the total of a person's debts exceeds the value of its property at a fair valuation. Recent case law suggests that the fair valuation of property is its value on a going-concern basis. A solvency letter expresses an independent expert opinion on a borrower's ability to remain solvent under the burden of additional liability, to pay debts as they mature, and to continue operations as a going-concern in dynamic economic conditions.In connection with a leveraged recapitalization, interested parties such as new secured lenders and sellers will often, due to fraudulent conveyance concerns, seek an independent determination and opinion as to the impact of the acquisition debt on working capital, cash flow, and equity value. Houlihan is highly familiar with the Tests of Capitalization and Solvency and is able to efficiently and cost-effectively provide analysis that provides a layer of comfort to interested parties.
Author | : Henry Furlow Owsley |
Publisher | : Beard Books |
Total Pages | : 236 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 1587982676 |
Download Distressed Investment Banking Book in PDF, ePub and Kindle
The definitive work on the role of the investment banker in a troubled company situation.
Author | : John Davison Lawson |
Publisher | : |
Total Pages | : 682 |
Release | : 1883 |
Genre | : Evidence, Expert |
ISBN | : |
Download The Law of Expert and Opinion Evidence Reduced to Rules Book in PDF, ePub and Kindle
Author | : Alfred M. King |
Publisher | : John Wiley & Sons |
Total Pages | : 272 |
Release | : 2008-04-11 |
Genre | : Business & Economics |
ISBN | : 0470245530 |
Download Executive's Guide to Fair Value Book in PDF, ePub and Kindle
Praise for Executive's Guide to Fair Value: Profiting from the New Valuation Rules "The advent of fair value reporting is not your Momma's (or your Papa's) kind of accounting. If you're a financial professional above the age of twenty-five who is working in industry, read this book. From choosing a fair value specialist to the perils of 'made as instructed' valuations to purchase price allocations to impairment testing to that SEC tripwire, customer relationships, fair value expert Al King gets it right. And he does so with neither jargon nor literary anesthesia. As a former CFO myself, all I can say is WOW!" -Warren D. Miller, CFA, ASA, CMA, CPA, Cofounder, Beckmill Research A hands-on guide for financial executives needing to understand the appraisal process Executive's Guide to Fair Value: Profiting from the New Valuation Rules brings senior level executives up to speed on what fair value really means. This new book addresses a full range of issues facing auditors and executives, including litigation and the "true" determination of value, estimating the value of working capital, and how to estimate the value and life of intangible assets. Complete with advice on the latest FASB rules and regulations, Executive's Guide to Fair Value: Profiting from the New Valuation Rules provides the most up-to-date and reliable information on: The latest fair value rules and how they impact both preparers and users of financial statements The role and responsibility of the appraisal specialist, including best practice tips for choosing and evaluating an appraiser Testing customer relationships for impairment A thorough knowledge of what fair value accounting is and how it can impact your corporation and its profitability Practical applications, including incentive compensation and equity-based compensation In basic, nontechnical language, Executive's Guide to Fair Value: Profiting from the New Valuation Rules will help all financial executives and auditors succeed in understanding the new fair value accounting rules that corporations must now follow. The result is a resource that professionals can rely on to understand the importance of valuation and the concepts that define it.
Author | : United States. Congress. House. Committee on Ways and Means |
Publisher | : |
Total Pages | : 412 |
Release | : 1989 |
Genre | : Consolidation and merger of corporations |
ISBN | : |
Download Tax Policy Aspects of Mergers and Acquisitions Book in PDF, ePub and Kindle
Author | : Robert F. Reilly |
Publisher | : McGraw Hill Professional |
Total Pages | : 610 |
Release | : 1999-09-15 |
Genre | : Business & Economics |
ISBN | : 9780071379038 |
Download The Handbook of Advanced Business Valuation Book in PDF, ePub and Kindle
International cost of capital...blockage discounts . . . valuation issues unique to ESOPs...specific valuation issues for sports teams...capital structure in emerging growth companies...methods for calculating equity risk premiums...These days, understanding the complex issues in advanced business valuation requires a team of experts. The HANDBOOK OF ADVANCED BUSINESS VALUATION is your team of valuation experts—nationally recognized practitioners and legal minds from across the country who provide authoritative answers and innovative solutions to your most perplexing valuation questions. Structured in a user-friendly, general-to-specific arrangement, The HANDBOOK OF ADVANCED BUSINESS VALUATION represents a broad cross section of the latest conceptual thinking on the subject. Only in this thought-provoking volume will you find: Abstracts and interpretations of recent empirical studies in lack of marketability, blockage, and more; In-depth treatment of specialized valuation issues from many industries—including healthcare, technology, and sports franchises; Lucid, intuitive explanations of complex and esoteric procedures for intercompany transfer pricing analyses and ad valorem property tax appraisals. Like its predecessor volume VALUING A BUSINESS—which covered basic business valuation concepts and practices in authoritative, all-encompassing fashion—The HANDBOOK OF ADVANCED BUSINESS VALUATION provides a new benchmark of advanced, contemporary discussions for investors and experienced business valuation practitioners. Valuation experts from PricewaterhouseCoopers, Ernst & Young, Willamette Management Associates, Arthur Andersen, American Appraisal Associates, and more combine their expertise in this well-written, thoughtful, and convincing reference—one with absolutely no close rival in the flourishing field of business valuation and security analysis.
Author | : Joseph W. Bartlett |
Publisher | : Wolters Kluwer |
Total Pages | : 1020 |
Release | : 1995-01-01 |
Genre | : Law |
ISBN | : 0735506442 |
Download Equity Finance Book in PDF, ePub and Kindle
Collation and restatement of : Venture capital, and Corporate restructurings, reorganizations, and buyouts.
Author | : Walter Malins Rose |
Publisher | : |
Total Pages | : 1130 |
Release | : 1903 |
Genre | : Annotations and citations (Law) |
ISBN | : |
Download Equity to Seal fisheries Book in PDF, ePub and Kindle
Author | : United States. Bureau of Labor Statistics |
Publisher | : |
Total Pages | : 1446 |
Release | : 1918 |
Genre | : Labor laws and legislation |
ISBN | : |
Download Decisions of Courts and Opinions Affecting Labor Book in PDF, ePub and Kindle