Statistical Approach to Claims Estimation in Bankruptcy
Wake Forest Law Review
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.
David S. Salsburg & Jack F. Williams, A Statistical Approach to Claims Estimation in Bankruptcy, 32 Wake Forest L. Rev. 1119 (1997).
Institutional Repository Citation
David S. Salsburg & Jack F. Williams,
Statistical Approach to Claims Estimation in Bankruptcy,
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