Publication
February 04, 2021

In this article, Jenner & Block Partners Stephen L. Ascher, Charles D. Riely, and Andrew J. Lichtman and Associate Logan J. Gowdey examine the difficulties associated with valuing illiquid assets and the legal risks associated with valuation questions. They note that in times of market turmoil, such as that created by the pandemic, valuations can become more divergent for a given financial instrument. They also explore valuation concepts and describe the types of valuation disputes that have been litigated since the 2008 financial crisis.