Tag Archives: bankruptcy

Delaware Bankruptcy Court Upholds Reclamation Creditors’ Rights

Vendors – take note! The Delaware bankruptcy court In re Reichhold Holdings US Inc. recently issued an important ruling for vendors asserting reclamation rights. Under section 546(c) of the Bankruptcy Code, a vendor may reclaim goods sold on credit to an insolvent debtor that has filed bankruptcy. Reichhold addressed an issue plaguing reclamation claimants:  does … Continue reading this entry

Monitor Financial Distress in Your Supply Chain

SupplyChainManagement
While American manufacturing has experienced a resurgence in recent years, some manufacturers continue to face challenges. Witness for example the recent chapter 11 filings of Colt, Boomerang Tube, and Everyware Global. Sometimes, manufacturers struggle because a supply chain partner—a major supplier or customer—is struggling. In order to manage supply chain contracts, manufacturers need to watch … Continue reading this entry

2014: An Exciting and Challenging Time for American Manufacturing

2014, the Manufacturing Industry Advisor’s inaugural year, marked an exciting but challenging time for American manufacturers. In our final blog post for the year, we will highlight some of the trends and developments we noted in 2014, with links to our earlier observations. Here, at Foley & Lardner, we aim to do more than monitor … Continue reading this entry