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United Imports Corp., Ch. 11, BK96-81674 (Oct. 15, 1996)

C.O.D. funds collected by UPS that are cash or cash equivalent may be set off against debt owed to UPS. However, C.O.D. funds in the form of checks payable to the debtor may not be set off and should be turned over to the debtor as property of the estate.

File: 
PDF icon United_Imports_Corp._(UPS_relief),_BK96-81674,_Ch._11.pdf
Date: 
Tuesday, October 15, 1996
Judge: 
Judge Timothy J. Mahoney (Retired)