Legal Opinion
Siboney Corp. v. Chicago Pneumatic Tool Co.
Court of Appeals of Texas
Decided May 25, 1978No. 17089PublishedCited by 13 opinions
1Opinion of the Court
PEDEN, Justice.
Siboney Corporation appeals from the granting of a deficiency judgment in favor of Chicago Pneumatic Tool Company, the owner and holder of a note. Chicago Pneumatic repossessed the collateral for the note, held a public sale and then brought this action for the deficiency. The jury found that Chicago Pneumatic sent reasonable notice of the sale to Siboney, declined to find that Chicago Pneumatic failed to act in a commercially reasonable manner or that the $100,000 received for the collateral was grossly inadequate but found that the fair market value of the equipment at the…
2Cases cited6 opinions
- C. & R. TRANSPORT, INC. v. CampbellTexas Supreme Court · 1966
- O'NEIL v. MacK Trucks, Inc.Texas Supreme Court · 1976
- Pruske v. National Bank of Commerce of San AntonioCourt of Appeals of Texas · 1976
- United States v. Whitehouse Plastics D/B/A Aladdin Amusement ProductsCourt of Appeals for the Fifth Circuit · 1974
- O'NEIL v. MacK Trucks, Inc.Texas Supreme Court · 1977
1 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- SMS Financial, Ltd. Liability Co. v. ABCO Homes, Inc.Court of Appeals for the Fifth Circuit · 1999
- MBank Dallas N.A. v. Sunbelt Manufacturing, Inc., Texas Court of Appeals, 5th District (Dallas)1986
- Sunjet, Inc. v. Ford Motor Credit Co., Texas Court of Appeals, 5th District (Dallas)1985
- Laughlin v. Federal Deposit Insurance Corp., Texas Court of Appeals, 12th District (Tyler)1983
- Ward v. First State BankCourt of Appeals of Texas · 1980
8 more not listed; retrieve them via the Exa API.