Wawel Savings Bank v. Jersey Tractor Trailer Training, Inc. (In Re Jersey Tractor Trailer Training, Inc.)

How courts have described this case

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

• “This definition has both a subjective prong—“honesty in fact”—and an objective prong—observance of “reasonable commercial standards of fair dealing.”
• secured party’s failure to stop debtor’s ongoing sales of accounts receivable was mere inaction that did not unequivocally demonstrate an intent to waive the security interest

Source: CourtListener parenthetical corpus (CC0).