· 2/8/2000
Joseph R. Solfanelli Natalie G. Solfanelli v. Corestates Bank N.A., Successor by Merger to Meridian Bank Stevens & Lee Meridian Bank
Citations
- 203 F.3d 197
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding that it was unreasonable for secured creditor to hold stock for 11 months before liquidating it
- explaining that every aspect of the sale of collateral must be characterized by avoidance of loss, good faith, and an effective realization
- explaining that every aspect of the sale of collateral must be characterized by avoidance of loss, good faith, and an effective realization
- “[T]he test to determine ‘commercial reasonableness’ should be whether the sale’s every aspect is characterized by: (1) good faith, (2) avoidance of loss, and (3) an effective realization.”
- emphasizing the need for the borrower to request redeemption
Source: CourtListener parenthetical corpus (CC0).
Judges: Mansmann, McKEE, Stapleton
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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