Legal Opinion
First Alabama Bank of Montgomery, NA v. Parsons
Court of Civil Appeals of Alabama
Decided November 5, 1980No. Civ. 2207PublishedCited by 13 opinions
1Opinion of the Court
The plaintiff, First Alabama Bank of Montgomery, N.A., sued the defendants for the balance due on certain promissory notes. The bank was, in fact, seeking a deficiency judgment after sale of certain equipment which was security for one of the notes. Defendants counterclaimed, alleging commercially unreasonable behavior by the bank.
The trial court granted defendants' motions for a directed verdict on ground that the bank's failure to comply with § 7-9-504 (3), Code of Ala. 1975 (notice to debtor of disposition of collateral after repossession), bars the bank's recovery of a deficiency…
2Cases cited8 opinions
- Chase Manhattan Bank, N. A. v. NatarelliNew York Supreme Court · 1977
- Edmondson v. BlakeySupreme Court of Alabama · 1976
- T & W Ice Cream, Inc. v. Carriage Barn, Inc.New Jersey Superior Court Appellate Division · 1969
- Valley Min. Corp., Inc. v. Metro BankSupreme Court of Alabama · 1980
- Savings Bank of New Britain v. BoozeConnecticut Superior Court · 1977
3 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Ford Motor Credit Co. v. LototskyDistrict Court, E.D. Pennsylvania · 1982
- McMillan, Ltd. v. WARRIOR DRILLING & ENG.Supreme Court of Alabama · 1987
- McEntire v. Indiana National BankIndiana Court of Appeals · 1984
- Shawmut Worcester County Bank, N.A. v. MillerMassachusetts Supreme Judicial Court · 1986
- Glen Warren and Peggy Warren v. Ford Motor Credit Company and Larry DiefenderferCourt of Appeals for the Eleventh Circuit · 1982
8 more not listed; retrieve them via the Exa API.