Clark v. EZN, INC.

Opinion

YEGAN, J.

EZN, Inc., a Kentucky corporation, and A. W. Morgan (Debt- or) appeal from a $143,574 deficiency judgment entered in favor of Jeffrey L. Clark (Creditor.) We affirm. Although the foreclosure sale was not conducted in a commercially reasonable manner, substantial evidence supports the trial court’s finding made pursuant to California Uniform Commercial Code, section 9504, subdivision (2)(c), that the value of the loan security ($150 per unit) was greater than the foreclosure sale price ($25 per unit). As we shall explain, the recent California Supreme Court case of Ford &…