Reuters: Bankruptcy News: TEXT-Fitch publishes bankruptcy enterprise valuation & recovery case studies report

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

TEXT-Fitch publishes bankruptcy enterprise valuation & recovery case studies report Jun 7th 2012, 13:04 Thu Jun 7, 2012 9:04am EDT June 07 - Fitch Ratings has published the inaugural edition of a U.S. bankruptcy case study series that provides in-depth reviews of 40 U.S. bankruptcy cases including details of enterprise valuation and recovery distributions by creditor seniority. Fitch observed that higher cash flows after emergence from bankruptcy were forecasted by debtors that used the reorganization period to eliminate legacy liabilities, such as high labor costs or lawsuit liabilities. On the other hand, lower post-emergence cash flows were projected among the companies that had obsolete products or remained mired in deep cyclical downturns. Other key trends observed in the case study sample included the superior recovery benefits of holding first lien collateral and very frequent liquidations of retailers. Six of seven retailers in the study liquidated rather than reorganizing as going concerns. For further information, please refer to Fitch's new special report, 'Case Studies in Bankruptcy Enterprise Values and Creditor Recoveries' dated June 7, 2012 and available on FitchResearch.com

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions