Mack Financial Corp. v. Knoud
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
— In an action for a deficiency judgment, defendant appeals from an order of the Supreme Court, Suffolk County (Rohl, J.), dated December 20,1982, which granted plaintiff’s motion for summary judgment in lieu of a complaint (CPLR 3213) and set the matter down for trial on the issue of damages. Order reversed, on the law, with costs, and motion denied. A secured party seeking a deficiency judgment from the debtor after sale of the collateral bears the *714burden of showing that the sale was made in a “commercially reasonable” manner (see Uniform Commercial Code, § 9-504; Central Budget Corp. v…
2Cases cited1 opinion
- Central Budget Corp. v. GarrettAppellate Division of the Supreme Court of the State of New York · 1975
3Cited by14 opinions
- Transamerica Commercial Finance Corp. v. MatthewsAppellate Division of the Supreme Court of the State of New York · 1991
- Sunjet, Inc. v. Ford Motor Credit Co., Texas Court of Appeals, 5th District (Dallas)1985
- Federal Deposit Insurance v. ForteAppellate Division of the Supreme Court of the State of New York · 1988
- Coxall v. Clover Commercial Corp.Civil Court of the City of New York · 2004
- MTI Systems Corp. v. HatziemanuelAppellate Division of the Supreme Court of the State of New York · 1989
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