INT'L PAPER CREDIT CORP. v. COLUMBIA WAX PRODS. CO., INC.


79 A.D.2d 700 (1980)

International Paper Credit Corporation, Appellant, v. Columbia Wax Products Co., Inc., et al., Respondents

Appellate Division of the Supreme Court of the State of New York, Second Department.

December 29, 1980


Judgment reversed, without costs or disbursements, complaint reinstated, and matter remitted to Trial Term for further proceedings consistent herewith.

The testimony of the witnesses of both plaintiff and defendants established that there had been little or no market for the rental or purchase of the candle-milling machinery offered at the auction. Consequently, the paucity of bidders at the auction and the low sale price for which the machinery had been sold was...

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