Utah Supreme Court
K. J. Scharf, Dba Western Leasing, Plaintiff and Respondent v. Bmg Corporation, Vernon R. Erickson, Michael R…
April 16, 19851985 Utah LEXIS 836
Summary
The court affirmed the deficiency judgment against the guarantor because the equipment sale was commercially reasonable under the applicable secured-transactions statute and the defective notice did not prejudice him. The court held that the statutory examples of commercially reasonable dispositions are not exclusive and that reasonableness must be assessed case by case. It remanded only for determination of reasonable attorney fees incurred on appeal.