In re Kinser Group LLC – Incorrect assumptions undermine hotel appraisal
Abstract: In this federal bankruptcy case, the court found two hotel appraisals to be fundamentally flawed. This article summarizes the reasons, including the appraiser’s failure to review the reorganization plan and his incorrect assumption that the hotels would be sold rather than retained and operated. In re Kinser Group LLC, No. 2:20-bk-09355-DPC (Bankr. Ct. Ariz. Dec. 18, 2020).