The MTS Journal is the LEADING voice for Machinery and Technical Specialties valuers. Published by ASAʼs MTS Committee, the MTS Journal is written both for the appraiser who values equipment and for those who have a professional interest in the subject.
This article shows that though the issue is narrow and the opinion is short, the ramifications are large for most creditors who face debtors who are in possession of their collateral in bankruptcy.
This article includes a critical guide for anyone who is involved in the performance of appraisals in connection with lease expirations and most of all those engaged as an arbitrating appraiser.