INGERSOLL-RAND FINANCIAL CORP. v. MILLER MIN. CO.

No. 86-6156.

817 F.2d 1424 (1987)

INGERSOLL-RAND FINANCIAL CORPORATION, Plaintiff-Appellee, v. MILLER MINING COMPANY, INC.; Michael Miller, Esq., Defendants-Appellants.

United States Court of Appeals, Ninth Circuit.

Decided May 26, 1987.


Attorney(s) appearing for the Case

Samuel W. Gordon, Encino, Cal., for plaintiff-appellee.

Michael Miller, Los Angeles, Cal., for defendants-appellants.

Before SNEED, BOOCHEVER and THOMPSON, Circuit Judges.


BOOCHEVER, Circuit Judge:

Miller Mining Company and Michael Miller, its guarantor, appeal a deficiency judgment entered against them by the district court. They allege that Ingersoll-Rand Financial Corporation did not conduct the resale of collateral it repossessed from Miller Mining in a commercially reasonable manner. Failure to do so, they contend, gave rise to a presumption that the proceeds of sale were equal to the claimed deficiency. We agree. We also conclude...

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