HAGGIS MANAGEMENT, INC. v. TURTLE MANAGEMENT

No. 19017.

745 P.2d 442 (1985)

HAGGIS MANAGEMENT, INC., a Utah corporation, Plaintiff and Appellant, v. TURTLE MANAGEMENT, INC., Jeoffrey Meacham, Stephen McCaughey and Dan Lee Briggs, Defendants and Respondents.

Supreme Court of Utah.

Rehearing Denied November 2, 1987.


Attorney(s) appearing for the Case

Robert Felton, Salt Lake City, for plaintiff and appellant.

B.L. Dart, Paul H. Proctor, Kent M. Kasting, (McCaughey), Salt Lake City, for defendants and respondents.


HALL, Chief Justice:

Plaintiff Haggis Management, Inc. (Haggis), challenges an adverse summary judgment in an action for a deficiency judgment against guarantors of a secured promissory note. Based on undisputed facts set forth below, the trial court concluded Haggis had failed to make a commercially reasonable disposition of the collateral, contrary to the requirement of U.C.A., 1953, § 70A-9-504(3) (1980 ed.), and was therefore barred from recovering a deficiency...

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