• Recent Delaware Chapter 11 Case Supports Vendors’ Reclamation Claims
  • October 26, 2016 | Author: David H. Conaway
  • Law Firm: Shumaker, Loop & Kendrick, LLP - Charlotte Office
  • In Reichhold Holdings US, Inc., on August 24, 2016, the Delaware Bankruptcy Court ruled that a vendor’s reclamation trumped a lender’s lien on inventory, arising from a post-petition DIP loan (that was used to repay the prepetition loan).