In Re Larry Dean Kirkland and Billie Kirkland, Debtors. Security Pacific National Bank v. Larry Dean Kirkland and Billie Kirkland
Court of Appeals for the Ninth Circuit
1Opinion of the Court
POOLE, Circuit Judge:
Appellant, Security Pacific National Bank (Security Pacific), brought this action against appellees, the Kirklands, to collect a deficiency claim on loans made and secured by Security Pacific and guaranteed by the Kirklands. In bankruptcy proceedings initiated by the Kirklands, the bankruptcy court granted summary judgment in favor of the Kirklands disallowing Security Pacific’s deficiency claim against the Kirk-lands because Security Pacific failed to notify the Kirklands of the sale of collateral prior to its disposition in contravention of California Commercial Code §…
2Cases cited25 opinions
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- Stoner v. New York Life InsuranceSupreme Court of the United States · 1941
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