469 N.Y.S.2d at 117 cited at this page1 citing case
- Van Dorn Retail Mgmt., Inc. v. Jim's Oxford Shop, Inc., 874 F. Supp. 476 (D.N.H. 1994).publishedCorp. v. Knoud, 98 A.D.2d 713 , 469 N.Y.S.2d 116, 117 (2d Dep’t 1983); Kohler v. Ford Motor Credit Co., Inc., 93 A.D.2d *484 205, 462 N.Y.S.2d 297, 299 (3d Dep’t 1983); General Elec.
At page 713 � In an action for a deficiency judgment, defendant appeals from an order of the Supreme Court, Suffolk County (Rohl, J.), dated December 20,1982, which…1 citing case
- Coxall v. Clover Com. Corp., 4 Misc. 3d 654 (N.Y. City Civ. Ct. 2004).publishedCorp. v Knoud, 98 AD2d 713, 713-714 [2d Dept 1983].) “Whether a sale was commercially reasonable is, like other questions about ‘reasonableness’, a fact-intensive inquiry; no magic set of procedures will immunize a sale from scrutiny.” (Ma…
At page 714 burden of showing that the sale was made in a “commercially reasonable” manner (see Uniform Commercial Code, § 9-504; Central Budget Corp. v Garrett, 48 AD2d…1 citing case
- Ally Fin. Inc. v. Jonathan, 187 A.D.3d 1633 (N.Y. App. Div. 4th Dep't 2020).publishedCorp. v Knoud , 98 AD2d 713, 714 [2d Dept 1983]).
v.
James Knoud
— In an action for a deficiency judgment, defendant appeals from an order of the Supreme Court, Suffolk County (Rohl, J.), dated December 20,1982, which granted plaintiff’s motion for summary judgment in lieu of a complaint (CPLR 3213) and set the matter down for trial on the issue of damages. Order reversed, on the law, with costs, and motion denied. A secured party seeking a deficiency judgment from the debtor after sale of the collateral bears the[*714] burden of showing that the sale was made in a “commercially reasonable” manner (see Uniform Commercial Code, § 9-504; Central Budget Corp. v Garrett, 48 AD2d 825). Here, the moving papers fail to set forth any of the facts and circumstances surrounding the sale, and have therefore failed to satisfy a prerequisite to obtaining a deficiency judgment (see Central Budget Corp. v Garrett, supra). Hence, summary judgment was improvidently granted. Lazer, J. P., Mangano, Bracken and Niehoff, JJ., concur.