Dischner v. United Bank Alaska

In Dischner v. United Bank Alaska, 631 P.2d 107 (Alaska 1981), we held that United Bank Alaska (UBA) failed to notify Lewis M. Dischner (Dischner) and Jim Rolle (Rolle) of the sale of the collateral, a fleet of twenty-nine cars, as required by AS 45.09.504(c).1 Since UBA failed to meet the notice requirements of section 504(c), a re-buttable presumption arose that the actual value of the collateral was equal to the amount of the outstanding debt. Id.

In United Bank Alaska v. Dischner, 685 P.2d 90 (Alaska 1984), we held that UBA effectively rebutted the presumption that the value of the…