Assisted in valuation as company emerged from bankruptcy

Assisted in valuation as company emerged from bankruptcy

Multi-Disciplinary Valuation - Financial Reporting

Stout assisted in determining the enterprise value of a coal-fired power plant and mining company operator following its Chapter 11 bankruptcy filing. The operator filed for bankruptcy due to leverage, soft market conditions, and certain equipment failures. As part of the reorganization plan and emergence from bankruptcy, Stout assisted in the determination of the enterprise value of the company. 

Due to the significant amount and various types of assets held by the company, Stout’s Business Valuation, Real Estate, and Machinery & Equipment groups collaborated for the appraisal work. The complexity and attributes of the company’s operations and business required significant coordination to work through the complex and detailed fresh-start accounting work as the company emerged from bankruptcy.