Legal Opinion
Cheshire v. Walt Bennett Ford, Inc.
Court of Appeals of Arkansas
Decided May 2, 1990No. CA 89-452PublishedCited by 8 opinions
1Opinion of the Court
John E. Jennings, Judge.
On July 11, 1984, appellant Frank Cheshire bought a 1983 Ford Ranger truck from the appellee Walt Bennett Ford, Inc. Appellant subsequently defaulted on the note and appellee repossessed the truck on July 18, 1985. On July 28, 1986, appellee purchased the truck from itself at private sale for $1,600.00, and filed this suit against appellant for the $6,800.00 deficiency.
After a non-jury trial the circuit judge awarded a deficiency judgment to appellee, holding that the sale was commercially reasonable because appellee had solicited and obtained four sealed competitive…
2Cases cited11 opinions
- Norton v. Nat. Bank of Commerce of Pine BluffSupreme Court of Arkansas · 1966
- Atlas Thrift Co. v. HoranCalifornia Court of Appeal · 1972
- Universal C. I. T. Credit Co. v. RoneSupreme Court of Arkansas · 1970
- First State Bank v. HallettSupreme Court of Arkansas · 1987
- Harper v. Wheatley Implement Co., Inc.Supreme Court of Arkansas · 1982
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- City National Bank of Fort Smith, Arkansas v. Unique Structures, Inc. Susie ArnallCourt of Appeals for the Eighth Circuit · 1995
- Mercantile Bank v. B & H Associated, Inc.Supreme Court of Arkansas · 1997
- Holiman v. Hagan's Motors, Inc.Court of Appeals of Arkansas · 1990
- Greenlee v. Mazda American CreditCourt of Appeals of Arkansas · 2005
- Prince v. R & T Motors, Inc.Court of Appeals of Arkansas · 1997
3 more not listed; retrieve them via the Exa API.