165(g) does not define "worthless," courts have determined when stock is worthless under various standards relating to the value of a company In Bilthouse, the Seventh Circuit stated that whether stock was worthless is a facts-and-circumstances inquiry and that most courts look at both the liquidating value
and the potential value in making the determination.
, has a potential value and can not be said
165(g), its current liquidating value
provides only an indication.
Further, the council proposed the DIC pay back a certain proportion of deposits exceeding 10 million yen, depending on the circumstances, before the liquidating value
of failed lenders is determined.
062 billion less the Series A Preferred Stock liquidating value
and quick sale value are used interchangeably to mean "the amount which would be realized from the sale of an asset in a situation where financial pressures cause the taxpayer to sell in a short period of time.
The $916 million equals total stockholders' equity of $965 million less the Series A Preferred Stock liquidating value
The $834 million equals total stockholders' equity of $883 million less the Series A Preferred Stock liquidating value