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· 12/29/1988

Standard Bank & Trust Co. v. Callaghan

Citations

  • 532 N.E.2d 1015
  • 177 Ill. App. 3d 973
  • 8 U.C.C. Rep. Serv. 2d (West) 281
  • 127 Ill. Dec. 186
  • 1988 Ill. App. LEXIS 1802

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • observing that “[i]n determining whether price is commercially reasonable, Illinois courts have long recognized that property does not bring its full value at forced sales”
  • stating that factor in determining commercial reasonableness was that debtor was at sale and objected that price was too low
  • commercially unreasonable sale does not bar deficiency judgment
  • commercially unreasonable sale does not bar deficiency judgment

Source: CourtListener parenthetical corpus (CC0).

Judges: Inglis

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.