Merrill Farms Corp. v. H.R. Hindle & Co., Inc. (In Re H.R. Hindle & Co.)

How courts have described this case

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

• “Legislative history supports Congress’ intention to give [trust beneficiaries] almost unconditional priority.... [PACA trust creates] a claim status that tramps all other creditors, even secured creditors.”
• “The term ‘floating’ extends the trust to all produce-related inventory, receivables, and proceeds of the debtor-dealer, regardless of origin or destination, to satisfy a PACA trust res.” (citation omitted)

Source: CourtListener parenthetical corpus (CC0).