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· 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 CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.