Focus (Forum & Focus)
Sep. 27, 2007
Revisiting Reclamation
Focus Column - By Paul S. Arrow - A recent Focus column examined bankruptcy reforms from the perspective of a reclaiming seller. The outlook for secured creditors, however, is drastically different.
By Paul S. Arrow
In a recent Focus article titled "Insolvency Profits" (Sept. 14), the author described the rights of a seller to reclaim goods sold to an insolvent purchaser under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. The author also offered advice to reclaiming sellers for maximizing recovery. Those rights are described, and the advice given, from a reclaiming seller's perspective....
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