Allegiance Healthcare Corp. v. Primary Health Systems, Inc. (In Re Primary Health Systems, Inc.)
United States Bankruptcy Court, D. Delaware
1Opinion of the Court
OPINION 1
MARY F. WALRATH, Bankruptcy Judge.
Before the Court is the Debtors’ Motion for summary judgment to disallow the Plaintiffs reclamation claim as a secured or administrative claim pursuant to section 546(c)(2). Because we conclude that there is a disputed issue of material fact, we deny the motion for summary judgment.
1. FACTUAL BACKGROUND
In September, 1996, Primary Health Systems, Inc., and its affiliates (“the Debtors”) obtained an $80 million loan from First Union Bank (“First Union”). Under that agreement, the Debtors pledged all of their current and future inventory as collateral…
2Cases cited22 opinions
- Stowers v. MahonCourt of Appeals for the Fifth Circuit · 1976
- In Re Rawson Food Service, Inc., Debtor. Flav-O-Rich, Inc., Cross-Appellee v. Rawson Food Service, Inc., Cross-AppellantCourt of Appeals for the Eleventh Circuit · 1988
- In Re Coast Trading Company, Inc.Court of Appeals for the Ninth Circuit · 1984
- Toyota Industrial Trucks U. S. A., Inc. v. Citizens National Bank of Evans City v. Promat CorporationCourt of Appeals for the Third Circuit · 1979
- Robeson Industries Corp. v. Hartford Accident & Indemnity Company Zurich Insurance Company Continental Insurance Company. In Re: Robeson Industries Corp., Debtor, Robeson Industries Corp. v. Hartford Accident & Indemnity Company Zurich Insurance Company Continental Insurance CompanyCourt of Appeals for the Third Circuit · 1999
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- In Re Circuit City Stores, Inc.United States Bankruptcy Court, E.D. Virginia · 2010
- In Re Phar-Mor, Inc.United States Bankruptcy Court, N.D. Ohio · 2003
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