AMERICAN HONDA FINANCE CORPORATION v. DEIORIO


260 A.D.2d 416 (1999)

687 N.Y.S.2d 730

AMERICAN HONDA FINANCE CORPORATION, Respondent, v. TRACY A. DEIORIO, Also Known as TRACY DEIORIO, et al., Appellants. (And a Third-Party Action.)

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

Decided April 12, 1999.


Ordered that the order is affirmed, with costs.

The Supreme Court correctly determined that the plaintiff was entitled to summary judgment on the issue of liability. "A secured party after default may sell, lease or otherwise dispose of any or all of the collateral in its then condition or following any commercially reasonable preparation or processing" (UCC § 9-504 [1]). Contrary to the appellants' contention, the...

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