Legal Opinion
Old Colony Trust Company v. Penrose Industries Corp.
District Court, E.D. Pennsylvania
Decided January 25, 1968No. Civ. A. 42853PublishedCited by 32 opinions
1Opinion of the Court
VAN DUSEN, Circuit Judge.
SUR PLEADINGS AND PROOF UNDER COUNT II OF THE COMPLAINT
This case concerns a sale of collateral under Article 9 of the Uniform Commercial Code. It is now before the court after a non-jury trial on the issues raised in Count II of the Complaint: an action seeking a declaratory judgment 1 that the plaintiffs’ sale of collateral was “commercially reasonable” and otherwise lawful.
History of the Case
The Complaint was filed June 1, 1967, by certain secured parties in this commercial transaction and the trustee holding the above mentioned collateral. The named defendants…
2Cases cited17 opinions
- Seeman v. Philadelphia Warehouse Co.Supreme Court of the United States · 1927
- John W. Skeels v. Universal C. I. T. Credit Corporation v. Estelle A. Skeels, Third-PartyCourt of Appeals for the Third Circuit · 1964
- United States v. Custer Channel Wing Corporation and Willard R. CusterCourt of Appeals for the Fourth Circuit · 1967
- United States v. 60.14 Acres of Land, More or Less, Situate in Warren and McKean Counties, State of Pennsylvania, and Arthur W. SeibelCourt of Appeals for the Third Circuit · 1966
- Skeels v. Universal CIT Credit CorporationDistrict Court, W.D. Pennsylvania · 1963
12 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979
- In Re Zsa Zsa LimitedDistrict Court, S.D. New York · 1972
- The Liberty National Bank & Trust Company of Oklahoma City, a National Banking Corporation v. Acme Tool Division of the Rucker CompanyCourt of Appeals for the Tenth Circuit · 1976
- United States v. Thomas N. TerreyCourt of Appeals for the Fifth Circuit · 1977
- Bankers Trust Co. v. J. V. Dowler & Co.New York Court of Appeals · 1979
27 more not listed; retrieve them via the Exa API.