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A Debtor's Return of Goods to Its Pre-Petition Supplier: At Last a Court Speaks. (Business Law).
This article is dedicated to all of the heroes of 9/11/01 and, in particular, the police and firefighters who risk their lives every day to protect all of us.
Introduction
Section 546(h) of the Bankruptcy Code, sometimes known as Section 546g*, enables a Chapter 11 debtor to return goods delivered by a trade creditor prior to the debtor's Chapter 11 filing. Until recently, there had been no reported court decision on this section of the Bankruptcy Code-that has changed!
Recently, in In re Century Electronics Manufacturing, Inc., the United States Bankruptcy Court for the District of Massachusetts approved a debtor's return of goods to a ...
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