discussed Cited "see" Imagine Fulfillment Services, LLC v. DC Media Capital, LLC (In re Imagine Fulfillment Services, LLC) Accord In re Trans World Airlines, Inc., 134 F.3d 188, 197 (3d Cir.1998), cert. denied, 523 U.S. 1138 , 118 S.Ct. 1843 , 140 L.Ed.2d 1093 (1998); F.D.I.C v. Bell, 106 F.3d 258, 264 (8th Cir.1997); Covey v. Commercial Nat’l Bank of Peoria, 960 F.2d 657, 660 (7th Cir.1992); F.D.I.C. v. Municipality of Ponce, 904 F.2d 740, 744 (1st Cir.1990); In re Chase & Sanborn Corp., 904 F.2d 588, 594-95 (11th Cir.1990); In re Sierra Steel, Inc., supra. Thus, to value a liability, a court should engage in a two-step analysis: first, the court must determine whether the liability is contingent, and second, i…

discussed Cited "see" Mishkin Ex Rel. Liquidation of the Business of Adler, Coleman Clearing Corp. v. Ensminger (In Re Adler, Coleman Clearing Corp.) See Travelers International v. Trans World Airlines, Inc. (In re Trans World Airlines, Inc.), 203 B.R. 890, 895 (D.Del.1996) (citing DuVoisin v. Anderson (In re Southern Industrial Banking Corporation), 71 B.R. 351, 356 (Bankr.E.D.Tenn.1987)), rev’d on other grounds, 134 F.3d 188 (3d Cir.), cert. denied, 523 U.S. 1138 , 118 S.Ct. 1843 , 140 L.Ed.2d 1093 (1998).