Commercial – Promissory Note – Security – Airplane – Default & Sale – Commercial Reasonableness – N.Y. Law 
By S.C. Lawyers Weekly staff
Published: March 22,2011
General Electric Capital Corp. v. Bell Aviation, Inc. (Lawyers Weekly No. 002-011-11, 6 pp.) (Joseph F. Anderson Jr., J.) D.S.C. Holding: The defendant-borrowers argue that the plaintiff-lender did not sell the collateral in a commercially reasonable manner because (1) the lender did not sell the collateral for two months after it took possession and (2) [...]
