United States Bankruptcy Court, E.D. California May 3, 2002, 16-90957 (In Re Churchfield)

MEMORANDUM OPINION RE MOTION TO COMPROMISE CLAIMS

W. RICHARD LEE, Bankruptcy Judge.

In this case the court addresses the question of whether the Perishable Agricultural Commodities Act of 1930, as amended in 1984 (7 U.S.C. § 499a, et seq.) (“PACA”) and specifically the statutory trust established by 7 U.S.C.