A Statistical Approach to Claims Estimation In Bankruptcy
David S. Salsburg
Jack F. Williams
Georgia State Law School
Wake Forest Law Review, Vol. 32, Iss. 4, 1998
Claims estimation in the bankruptcy process has long presented a challenge to bankruptcy courts. Claims must be fixed to reorganize or liquidate a debtor. However, there is not sufficient time to allow the claims process to settle the exact amount. The authors discuss this problem and review the numerous estimation models currently used by bankruptcy courts. They conclude that the present approaches fail to make sense of the issues confronted when estimating contingent or unliquidated claims. The authors offer a model for claims estimation using statistical techniques as a more useful and coherent approach to addressing these difficulties.
Date posted: October 10, 1999
© 2016 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollobot1 in 0.172 seconds