Setoff Doesn’t Apply to Mutual Debts and Credits in Agricultural Commodities
Second Circuit interprets PACA to preclude setting off debts and credits from the sale of perishable agricultural commodities.
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Case Details
Judge Name
Case Citation
PACA Trust Creditors of Lenny Perry’s Produce Inc. v. Genecco Produce Inc., 17-1949 (2d Cir. Jan. 9, 2019)
Case Name
PACA Trust Creditors of Lenny Perry’s Produce Inc. v. Genecco Produce Inc.
Case Type
Business