Coated Sales, Inc. v. First Eastern Bank, N.A. (In Re Coated Sales, Inc.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that “fair market valuation entails a hypothetical sale, not a hypothetical company”
• using unaudited preliminary balance sheet as evidence of insolvency with respect to preference payment made several months after date of statement
• stating that \the court may consider information `originating subsequent to the transfer date if it tends to shed light on a fair and accurate assessment of the asset or liability as of the pertinent date'\
• stating that “the court may consider information ‘originating subsequent to the transfer date if it tends to shed light on a fair and accurate assessment of the asset or liability as of the pertinent date’ ”
• excluding the goodwill of a company’s subsidiaries from its valuation because the subsidiaries “were in financial despair” at the time of the transfer
• considering the effect of fraud on the going concern value of the company

Source: CourtListener parenthetical corpus (CC0).