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Home / Opinion Digests / Commercial / Commercial – Promissory Note – Security – Airplane – Default & Sale – Commercial Reasonableness – N.Y. Law (access required)

Commercial – Promissory Note – Security – Airplane – Default & Sale – Commercial Reasonableness – N.Y. Law (access required)

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) the ...

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