Incora, in Bankruptcy, Seeks to Retrieve Shipments from Resistant Supplier

Network AssociationBehind the Wheel
Written By Jennifer Joslyn

💸 Incora, in Bankruptcy, Seeks to Retrieve Shipments from Resistant Supplier.

Aerospace supply chain specialist Incora, which filed for bankruptcy in June, is facing difficulties with a resistant supplier, Appli-Tec. The supplier withheld all deliveries until Incora paid outstanding invoices. Incora claimed that the delayed shipments would significantly disrupt its business and affect other contracts and operations. To resolve the dispute, Incora asked the federal court handling its Chapter 11 case to force Appli-Tec to ship the ordered parts. Both parties have agreed to attempt an amicable resolution after a recent hearing. Supply chain disruptions played a major role in Incora's financial struggles leading up to the bankruptcy, and securing supplies is crucial for its operations and restructuring efforts. Appli-Tec had been a long-time supplier to Incora, and its refusal to ship violates the automatic stay of Chapter 11 bankruptcy protection.

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Jennifer Joslyn
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