Chavers v. Jamie, Inc. (In Re Frazier)

MEMORANDUM

L. CLURE MORTON, Senior District Judge.

This is an appeal from the decision of the bankruptcy judge, 93 B.R. 366, finding that a sale of a jet airplane was commercially unreasonable after it had been repossessed for nonpayment of debt. The bankruptcy judge saw and heard the witnesses and made findings of fact and conclusions of law which are fully supported by the record in this case. After reading the entire record, the court is convinced that one comment by the bankruptcy judge, to wit, that the conduct of the sale was amateurish, is probably the understatement of the year. It…