Harley-Davidson Credit Corp. v. Galvin
Court of Appeals for the First Circuit
1Opinion of the Court
LYNCH, Circuit Judge.
Under the terms of a security agreement assigned to it, Harley-Davidson Credit Corp. (“Harley-Davidson”) seeks to collect $108,681.50 from Mark B. Galvin. Galvin is the guarantor of a defaulted promissory note on a loan secured by an interest in a Cessna 421C aircraft (“the Aircraft”). The suit is for the deficiency balance that remained due after Harley-Davidson repossessed and sold the Aircraft through a third-party dealer for $155,000.00.
Galvin disputes the extent of his liability on the grounds that Harley-Davidson’s disposition of the Aircraft was not “commercially…
2Cases cited14 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Victor Lopez v. Corporacion Azucarera De Puerto RicoCourt of Appeals for the First Circuit · 1991
- Biltcliffe v. CitiMortgage, Inc.Court of Appeals for the First Circuit · 2014
- Ray, III v. Ropes & Gray LLPCourt of Appeals for the First Circuit · 2015
- Paul v. MontsCourt of Appeals for the Tenth Circuit · 1990
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