From our private database of 22,600+ case briefs...
In re Arlco, Inc.
United States Bankruptcy Court for the Southern District of New York
239 B.R. 261 (1999)
Arley Corporation (Arley) (plaintiff) was a home furnishings manufacturer and wholesaler. Home Fashions Outlet, Inc. (Home Fashions) (plaintiff), Arley’s wholly owned subsidiary, was a retailer. CIT Group/Business Credit Inc. (CIT) was a creditor who had a perfected security interest in Arley’s assets, including its inventory. Galey & Lord, Inc. (Galey) sold textiles to Arley. In May, Galey sent a letter to Arley demanding the return of goods received within ten days. In June, Arley and Home Fashions (the Debtors) filed petitions for Chapter 11 bankruptcy. Galey made a claim for reclamation. In September, the bankruptcy court approved of a plan for the Debtors’ assets to be sold as a going concern. The agreement required that the Debtors change their corporate names; Arley became Arlco, Inc. (Arlco), and Home Fashions became HFO, Inc. Galey moved for summary judgment, which the bankruptcy trustee opposed.
Rule of Law
Holding and Reasoning (Gonzalez, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 519,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.Unlock this case briefRead our student testimonials
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.Learn about our approachRead more about Quimbee
Here's why 519,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 22,600 briefs, keyed to 984 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.