Wake Forest Law Review, Vol. 32, Iss. 4, 1998
Posted: 10 Oct 1999
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.
Suggested Citation: Suggested Citation
Salsburg, David S. and Williams, Jack F., A Statistical Approach to Claims Estimation In Bankruptcy. Wake Forest Law Review, Vol. 32, Iss. 4, 1998. Available at SSRN: https://ssrn.com/abstract=175451