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Sixth Circuit's Phar-Mor Decision Breathes New Life into Reclamation Remedy |
August 29, 2008
Previously published on August 8, 2008
For nearly twenty years, trade creditors and their counsel have bemoaned the evisceration of the vendor's reclamation remedy. However, on July 17, 2008, the Sixth Circuit Court of Appeals gave trade creditors something to smile about when it issued its opinion in Phar-Mor, Inc. v. McKesson Corporation, ___F.3d ___, 2008 WL 2756588.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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