Eagle Industrial Truck Manufacturing, Inc. v. Continental Airlines, Inc. (In Re Continental Airlines, Inc.)

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

This reclamation action concerns three tow tractors used to haul cargo to and from aircraft which were delivered to the Debtor, Continental Airlines, Inc. (Continental) approximately a week before its Chapter 11 filing. The Plaintiff, Eagle Industrial Truck Manufacturing, Inc. (Eagle), seeks to physically reclaim the equipment or, alternatively, to obtain an administrative claim or a lien in the vehicles for $86,055 under U.C.C. § 2-702 and § 546(c) of title 11, United States Code. The Defendant Continental contends that Eagle has…