Legal Opinion
Ford Motor Credit Company v. James P. Solway
Court of Appeals for the Seventh Circuit
Decided October 9, 1987No. 86-2995PublishedCited by 15 opinions
1Opinion of the Court
ESCHBACH, Senior Circuit Judge.
The appeal in this diversity case concerns issues of Illinois law relating to the sale of collateral by a secured party. Ill.Rev.Stat., Ch. 26, par. 9-504(3). Ford Motor Credit Company took possession of the inventory of a retail automobile dealership that was in default under a secured financing agreement. The inventory was sold at wholesale auctions to other dealers. Ford Motor Credit Company next filed this suit against the guarantor of the debt for the deficiency in the amount owed by the dealership. The district judge granted Ford Motor Credit Company’s…
2Cases cited14 opinions
- Libertyville Datsun Sales, Inc. v. Nissan Motor Corporation in U.S.A.Court of Appeals for the Seventh Circuit · 1985
- Commercial Discount Corp. v. BayerAppellate Court of Illinois · 1978
- National Acceptance Co. of America v. WechslerDistrict Court, N.D. Illinois · 1980
- First Galesburg National Bank & Trust Co. v. JoannidesIllinois Supreme Court · 1984
- Blackhawk Hotel Associates v. KaufmanIllinois Supreme Court · 1981
9 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Gaynor v. Union Trust Co.Supreme Court of Connecticut · 1990
- AAR Aircraft & Engine Group, Inc. v. EdwardsCourt of Appeals for the Seventh Circuit · 2001
- Beard v. Ford Motor Credit Co.Court of Appeals of Arkansas · 1993
- Herhold v. City of ChicagoDistrict Court, N.D. Illinois · 1989
- Coy v. Ford Motor Credit Co.Superior Court of Pennsylvania · 1993
10 more not listed; retrieve them via the Exa API.