A & J PRODUCE CORP., J & C Enterprise, Inc., Mercatropic Corp., Tarsana Fruit Co., Christopher Ranch, LLC, Dole Fresh Fruit Co., Naumes, Inc. and Pacific Fruit, Inc., Plaintiffs-Appellees,
U.S. Produce Exchange, Cuba Tropical, Inc., Del Monte Fresh Produce, N.A., Inc., London Fruit Inc., Banacol Marketing Corp., Florida Fresh, Inc., Stanley Orchard Sales, Inc. and United Apple Sales, Inc., Intervenors-Plaintiffs-Appellees,
v.
BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION, Defendant-Appellant.
United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Argued June 12, 2008.
Decided September 10, 2008.
Attorney(s) appearing for the Case
Louis W. Diess, McCarron & Diess, Washington, DC; Sherylee F. Bauer, Dobbs Ferry, NY, for Plaintiff-Appellee Tarsana Fruit Co.
Tom M. Fini, Cadwalader, Wickersham & Taft LLP, New York, NY, for Plaintiff-Appellee Pacific Fruit, Inc.
Bruce Levinson, Law Office of Bruce Levinson, New York, NY, for Plaintiffs-Appellees Christopher Ranch, LLC, Dole Fresh Fruit Co., and Naumes, Inc.
Mark Mandell, Law Office of Mark Charles Hewitt Mandell, Esq., Annandale, NJ, for Plaintiffs-Appellees A & J Produce Corp., J & C Enterprise, Inc., and Mercatropic Corp.
Mark A. Amendola, Martyn & Associates, Cleveland, OH; Steve Kasper, New York, NY, for Intervenors-Plaintiffs-Appellees Banacol Marketing Corp., Cuba Tropical, Inc., Del Monte Fresh Produce, N.A., Inc., Florida Fresh, Inc., London Fruit Inc., Stanley Orchard Sales, Inc., and United Apple Sales, Inc.
Leonard Kreinces, Kreinces & Rosenberg, Westbury, NY, for Intervenor-Plaintiff-Appellee U.S. Produce Exchange.
John P. Amato, Hahn & Hessen, LLP, New York, NY (Jeffrey B. Underweiser, Underweiser & Underweiser LLP, White Plains, NY, on the brief), for Defendant-Appellant Bronx Overall Economic Development Corporation.
Before: POOLER and SOTOMAYOR, Circuit Judges, and RESTANI, Judge.
United States Court of Appeals, Second Circuit.
PER CURIAM:
This appeal concerns the distribution of proceeds received from the sale of certain assets in a statutory trust created pursuant to the Perishable Agricultural Commodities Act, 7 U.S.C. § 499e(c) ("PACA"). We agree with the district court that a secured creditor's lien on PACA trust assets does not constitute a transfer of the assets beyond the reach of PACA protected creditors.
BACKGROUND
In 1986, American Banana Company, Inc. ...
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