In re Reichhold Holdings US, Inc.: Bankruptcy Court Approves Reclamation Claim on Goods that Secured Postpetition DIP Loan | Practical Law
In In re Reichhold Holdings US, Inc., the US Bankruptcy Court for the District of Delaware overruled the trustee's objection to a prepetition reclamation claim because the claimant's reclamation rights arose before the postpetition lenders' security interest attached to the claimant's goods, and the prepetition and postpetition financing was not an integrated transaction.