Legal Opinion
In Re L. Natural Foods Corp.
United States Bankruptcy Court, E.D. Pennsylvania
Decided September 6, 1996No. 19-11156PublishedCited by 4 opinions
1Opinion of the Court
OPINION
STEPHEN RASLAVICH, Bankruptcy Judge.
Introduction
Before the Court is the Motion of Bedemco Import Export, Inc. (“Bedemco”) for Relief From the Automatic Stay Pursuant to 11 U.S.C. 362(d), and for an Order Requiring the Turnover of Certain Monies that are Currently Being Held in Escrow by Midlantic Bank, N.A. (“Midlantic”), a secured creditor of debtor L. Natural Foods Corp. (“Debt- or”). Bedemco premises its entitlement to the funds under the Perishable Agricultural Commodities Act (“PACA” or the “Act”), 7 U.S.C. §§ 499a-499s, alleging that the es-crowed monies are proceeds that…
2Cases cited14 opinions
- Perrin v. United StatesSupreme Court of the United States · 1979
- Cabell v. MarkhamCourt of Appeals for the Second Circuit · 1945
- Markham v. CabellSupreme Court of the United States · 1946
- Mark St. Angelo, Acting U.S. Trustee for Region 17 v. Victoria Farms, Inc.Court of Appeals for the Ninth Circuit · 1994
- Raymond Sekula and L. Kathleen Sekula v. Federal Deposit Insurance Corporation Resolution Trust Corporation, Raymond F. Sekula and L. Kathleen SekulaCourt of Appeals for the Third Circuit · 1994
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3Cited by4 opinions
- Fleming Companies v. United States Department of AgricultureDistrict Court, E.D. Texas · 2004
- In Re Long John Silver's Restaurants, Inc.United States Bankruptcy Court, D. Delaware · 1999
- Cavendish Farms v. Fleming Companies, Inc. (In Re Fleming Companies, Inc.)District Court, D. Delaware · 2004
- Cox v. Decas Cranberry Products, Inc. (In Re Meyer's Bakeries, Inc.)United States Bankruptcy Court, W.D. Arkansas · 2009