Legal Opinion
Ruden v. Citizens Bank & Trust Co.
Court of Special Appeals of Maryland
Decided April 1, 1994No. 967, September Term, 1993PublishedCited by 8 opinions
1Opinion of the Court
MOYLAN, Judge.
The primary question confronting us on this appeal was succinctly posed by Note, Creditor’s Deficiency Judgment under Article 9 of the Uniform Commercial Code: Effect of Lack of Notice and a Commercially Reasonable Sale, 33 Md.L.Rev. 327 (1973):
Upon default by a debtor in a security agreement, a secured creditor may, pursuant to Part 5 of Article 9 of the Uniform Commercial Code, repossess and dispose of the collateral in order to minimize the existing indebtedness. A problem, however, exists because, while the Code requires the secured creditor to notify the debtor of the…
2Cases cited32 opinions
- Atlas Thrift Co. v. HoranCalifornia Court of Appeal · 1972
- John W. Skeels v. Universal C. I. T. Credit Corporation v. Estelle A. Skeels, Third-PartyCourt of Appeals for the Third Circuit · 1964
- Aetna Casualty & Surety Co. v. KuhlCourt of Appeals of Maryland · 1983
- Levine v. RendlerCourt of Appeals of Maryland · 1974
- Clark Leasing Corp. v. White Sands Forest Products, Inc.New Mexico Supreme Court · 1975
27 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Gambo v. Bank of MarylandCourt of Special Appeals of Maryland · 1994
- CapitalSource Finance, LLC v. Delco Oil, Inc.District Court, D. Maryland · 2009
- National Housing Partnership v. Municipal Capital Appreciation Partners I, L.P.District of Columbia Court of Appeals · 2007
- Blaylock v. Johns Hopkins Federal Credit UnionCourt of Special Appeals of Maryland · 2003
- City of Frederick v. ShankleCourt of Special Appeals of Maryland · 2001
3 more not listed; retrieve them via the Exa API.