The bank had acted innocently, at no point had placed funds at risk and had increased the amount of realisable assets available. (newlawjournal.co.uk)
However, Revaluations should be regularly made so the carrying amount does not differ from the recoverable amount (it is the higher amount of net realisable value or value in use) at the end of the reporting period. (answers.com)
[And as for any actual existential risk Saga Furs might face, I've also written about that before: Based on the company's ongoing earnings / dividends, the substantial gap between the current share price & book value (which I believe is fully realisable in a wind - down scenario), the likely implementation of transition periods / grandfathering clauses / a compensation regime / etc... I'd expect Saga Furs would turn out to be a decent investment regardless, even in such a (remote) scenario.] (wexboy.wordpress.com)