What Is a Contingent Claim and What Are They Worth?
I’ve discussed “noncontingent claims” a couple times recently in the context of bankruptcy dollar amount adjustments and involuntary bankruptcy without explaining what they are (and what they’re not), or what they’re worth. A claim is “contingent” if a triggering event must occur before it must be repaid. Before the event is triggered, the claim isn’t …
What Is a Contingent Claim and What Are They Worth? Read More »
