What remedies do you have to recover goods shipped to a company in the weeks leading up to its bankruptcy? As to those goods shipped 45 days prior to a
Continue Reading Reclamation Rights to Recover Goods from a Debtor under Section 546(c) of the Bankruptcy Code
Goods
What Constitutes “Goods” Under Bankruptcy Section 503(b)(9)?
By Fox Rothschild LLP on
As discussed in the prior post, creditors may receive administrative-expense priority for “the value of goods received by the debtor within 20 days before” the debtor’s bankruptcy filing “in…
Continue Reading What Constitutes “Goods” Under Bankruptcy Section 503(b)(9)?
Bankruptcy Code Section 503(b)(9): Goods Shipped Within 20 Days
By Fox Rothschild LLP on
It is your worst nightmare. You ship goods to a company, only to find out that shortly after shipment, it files for bankruptcy. Now, instead of receiving payment for those…
Continue Reading Bankruptcy Code Section 503(b)(9): Goods Shipped Within 20 Days