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MACK FIN. CORP. v. KNOUD

98 A.D.2d 713 (1983)

Mack Financial Corporation, Respondent, v. James Knoud, Appellant

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

December 5, 1983

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 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 A.D.2d 825). Here, the moving papers fail to set forth any of the...

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