In the Matter of Reliable Drug Stores, Inc., Debtors. Bindley Western Industries, Inc.

How courts have described this case

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

• discussing scholarly debate as to the relative rights of a seller under UCC § 2-702 and a creditor with a security interest in the goods
• explaining in a case governed by the pre- BAPCPA statute that if the debtor’s secured lenders are undersecured, the court “ha[s] no option other than to deem [the reclaiming seller’s] administrative claim worthless”
• explaining in a case governed by the pre- BAPCPA statute that if the debtor’s secured lenders are undersecured, the court “ha[s] no option other than to deem [the reclaiming seller’s] administrative claim worthless”
• explaining in a case governed by the pre- BAPCPA statute that if the debtor’s secured lenders are undersecured, the court “ha[s] no option other than to deem [the reclaiming seller’s] administrative claim worthless”
• dicta questioning whether reclaiming seller stands in line after holder of perfected security interest
• “How much a particular reclamation claim is worth, once § 546(c)(2)(A) transmutes it into an administrative claim, is a question distinct from the ‘validity’ of the reclamation claim.”

Source: CourtListener parenthetical corpus (CC0).