Bassett Furniture Industries, Inc. v. Wear

I concur in the conclusion that Bassett Furniture Industries, Inc. (Bassett), as a reclaiming seller under U.C.C. § 2-702(2), *1004Mo.Rev.Stat. § 400.2-702(2) (1969), prevails over the bankruptcy trustee in this action.

I

Under Mo.Rev.Stat. § 400.2-702(2) (1969), a seller may reclaim goods sold on credit to an insolvent buyer if he demands reclamation of the goods within ten days of the buyer’s receipt. The seller’s right to reclaim the goods, however, is subject, under Mo.Rev.Stat. § 400.2-702(3) (1969), “to the rights of a . . . lien creditor . . .”1

After learning of PFA Farmers Market…