The Mighty Sword of PACA in Bankruptcy

Special creditor protection is not located in title 11 of the United States Code; instead, one needs to refer to 7 U.S.C. '' 499a through 499t in order to discover the special protections set forth for "claims" arising under the Perishable Agricultural Commodities Act ("PACA").

29 minute readNovember 22, 2011 at 12:49 PM
By
Andrew L. Turscak, Jr.
The Mighty Sword of PACA in Bankruptcy

Over their years of doing business, most suppliers of goods encounter situations involving distressed customers who have slid into bankruptcy. While savvy vendors have developed what are often quite effective

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