MID-CONTINENT REFRIG. CO., INC. v. Carpenter

Ness, Acting Judge:

This is an action seeking a deficiency judgment from the purchasers of grocery store equipment. The jury returned a verdict in favor of the purchasers. We affirm.

Respondents Carpenter purchased a produce display and freezer from appellant Mid-Continent. Mid-Continent repossessed the equipment after the Carpenters defaulted on the payments, and thereafter solicited sealed bids for the resale of the equipment. When no bids were received, Mid-Continent purchased the equipment for approximately one-third of the original price. It sought a deficiency judgment from the Carpenters…