1. Home
  2. Browse Decisions
  3. F.3d
  4. 70 F.3d
  5. 70 F.3d 948 (1995)
 

MATTER OF RELIABLE DRUG STORES, INC.

No. 95-1861.

70 F.3d 948 (1995)

In the Matter of RELIABLE DRUG STORES, INC., et al., Debtors. Bindley Western Industries, Inc., Appellant.

United States Court of Appeals, Seventh Circuit.

Decided November 30, 1995.

Attorney(s) appearing for the Case

James M. Carr (argued), Wendy W. Ponader, Baker & Daniels, Indianapolis, IN, for Bindley Western Industries, Incorporated.

Steven H. Ancel, Paul Deignan (argued), Ancel & Dunlap, Indianapolis, IN, for Reliable Drug Stores, Incorporated, Drug Fair, Incorporated, H.A. Woods Drug Company, Midwest Reliable Incorporated, PDI of Indiana, Incorporated, Reliable Illinois, Incorporated.

Steven H. Ancel, Ancel & Dunlap, Indianapolis, IN, for Reliable of Kansas, Incorporated.

Alan Kornberg, Andrew N. Rosenberg, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Acadia Partners, Limited Partnership.

Thomas C. Scherer, Bingham, Summers, Welsh & Spilman, Indianapolis, IN, Daniel M. Pelliccioni, David E. Van Iderstine, Jr. (argued), Michael J. Loesberg, Katten, Muchen, Zavis & Weitzman, Los Angeles, CA, for Bank of America National Trust and Savings Association.

Elliot D. Levin, Rubin & Levin, Indianapolis, IN, Stuart E. Hertzberg, Pepper, Hamilton & Scheetz, Detroit, MI, for Official Unsecured Creditors Committee.

Before COFFEY, FLAUM, and EASTERBROOK, Circuit Judges.

EASTERBROOK, Circuit Judge.

Shortly before Reliable Drug Stores entered bankruptcy, Bindley Western Industries sold it more than a million dollars worth of goods. Bindley did not demand payment in advance, arrange for a letter of credit, or take a purchase-money security interest under § 9-312 of the Uniform Commercial Code, which Indiana (whose law governs) has adopted as I.C. § 26-1-9-312. (For simplicity we omit the "I.C. § 26-1" prefix from other...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases