Ferrous Financial Services Co. v. Self Loader Service, Inc.
Court of Appeals of Oregon
1Opinion of the CourtYoung, J.
Plaintiff, a secured creditor, sued defendant Self Loader Service, Inc. (Self Loader), its debtor, and defendants Wagnon, as guarantors of the debt, for a deficiency under an installment sale contract and security agreement. Defendants’ amended answer alleged, by an affirmative defense and a counterclaim for damages, that plaintiffs sale of the collateral after repossession was commercially unreasonable. ORS 79.5070. The trial court directed a verdict against defendants Wagnon on the counterclaim. The jury determined that the sale was commercially unreasonable and returned a verdict for Self…
2Cases cited7 opinions
- Universal C. I. T. Credit Co. v. RoneSupreme Court of Arkansas · 1970
- T & W Ice Cream, Inc. v. Carriage Barn, Inc.New Jersey Superior Court Appellate Division · 1969
- All-States Leasing Co. v. OchsCourt of Appeals of Oregon · 1979
- Cornett v. White Motor CorporationNebraska Supreme Court · 1973
- Lamb Bros., Inc. v. First State BankOregon Supreme Court · 1979
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- Federal Deposit Ins. Corp. v. Tempest FugatCourt of Appeals of Oregon · 1985
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