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· 5/22/1992

Federal Case

Citations

  • 964 F.2d 842
  • 17 U.C.C. Rep. Serv. 2d (West) 1138
  • 26 Collier Bankr. Cas. 2d 1663
  • 1992 U.S. App. LEXIS 11429
  • 23 Bankr. Ct. Dec. (CRR) 12

How courts have described this case

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

  • “Therefore, after the secured creditors’ superior interests have been satisfied or released, the reclaiming seller retains a priority interest in any remaining goods, and in any surplus proceeds from the secured creditors’ foreclosure sale”
  • even though reclamation claim is subject to superior secured creditor’s interest, parties should be cognizant of ability of secured creditors in non-bankruptcy context to relinquish all or part of their security interest

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.