Commercial – Creditor’s Rights – Farm Produce – PACA Trust
Nickey Gregory Co. LLP v. AgriCap LLC. (Lawyers Weekly No. 10-01-0250, 28 pp.) (Niemeyer, J.) No. 09-1130, March 4, 2010; USDC at Greenville, S.C. (Herlong, J.) 4th Cir.
Holding: A seller of farm produce has a trust on sale proceeds under the Perishable Agricultural Commodities Act, but the 4th Circuit remands the case for reconsideration of ...
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