· 5/7/1975
Clark Leasing Corp. v. White Sands Forest Products, Inc.
Citations
- 535 P.2d 1077
- 87 N.M. 451
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- recognizing that motions for directed verdicts are not normally directed to bits and pieces of an action
- burden of proof upon creditor in suit for deficiency judgment to show that sale was commercially reasonable in all aspects
- secured party’s failure to dispose of collateral in a commercially reasonable manner does not result in forfeiture of right to deficiency, but only requires reduction of the claimed deficiency by the amount of any loss occasioned by such failure
- the payment by obligor of a liquidated sum he is already legally bound to pay is not a sufficient consideration for the promise of the obligee to accept payment in satisfaction of an unpaid balance that is in dispute
- interpreting U.C.C. 9-504(3) which parallels SDCL 57A-9-504(3)
- interpreting U.C.C. 9-504(3) which parallels SDCL 57A-9-504(3)
Source: CourtListener parenthetical corpus (CC0).
Judges: Stephenson, Oman, Martinez
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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