(DOWNLOAD) "Cessna Finance Corporation v. Sterling A." by Court of Appeals of Utah * eBook PDF Kindle ePub Free
eBook details
- Title: Cessna Finance Corporation v. Sterling A.
- Author : Court of Appeals of Utah
- Release Date : January 16, 1978
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
ELLETT, Chief Justice: This case was tried before the court, sitting without a jury, on October 12, 1976. The plaintiff sued defendants on a guaranty agreement that each had signed for an indebtedness incurred by Intermountain Flight Center, Inc. (hereafter referred to as Intermountain). Intermountain defaulted on its debt and filed a petition in bankruptcy. Plaintiff repossessed the collateral and subsequently sold it, applying the proceeds to the amount due and assessing the deficiency against the guarantors.