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IN RE COUPON CARRIERS CO.

No. 87 C 4060.

77 B.R. 650 (1987)

In re COUPON CARRIERS CO., an Illinois partnership, Debtor. COUPON CARRIERS CO., Appellant, v. J.L. MARSH MANUFACTURING CO., Appellee.

United States District Court, N.D. Illinois, E.D.

August 18, 1987.

Attorney(s) appearing for the Case

Ellen Beverly, Arnold S. Graber, Katten, Muchin, Zavis, Pearl, Greenberger & Galler, Chicago, Ill., for Coupon Carriers.

Mitchell E. Jones, Epton, Mullin & Druth, Chicago, Ill., for J.L. Marsh Mfg. Co.

MEMORANDUM OPINION AND ORDER

WILLIAM T. HART, District Judge.

This case poses the question of whether the value of a reclamation right in goods for purposes of determining an administrative priority claim under Section 546(c) of Title 11 of the United States Code (the "Bankruptcy Code") is the market value of such goods when sold by the debtor with consent of the seller or the higher cost of such goods as fixed by...

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