Galey & Lord Inc. v. Arley Corp. (In Re Arlco, Inc.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• recognizing a reclaiming seller is only entitled to proceeds traceable by the court
• “a party seeking reclamation ... may not compel the application of mar-shalling against a good faith purchaser.”
• the right to reclaim is subject to the rights of a good faith purchaser
• “The senior secured creditor will not be required to proceed first against a fund that requires more rigorous procedures to collect upon if it has a fund ‘more directly available’ to it that can be ‘easily reduced to money.’”

Source: CourtListener parenthetical corpus (CC0).