New York Court of Appeals May 8, 1979 (Bankers Trust Co. v. J. V. Dowler & Co.)

OPINION OF THE COURT

Fuchsberg, J.

We are here called upon to construe and apply subdivision (3) of section 9-504 of the Uniform Commercial Code, which provides that a secured party’s sale or other disposition of collateral upon its debtor’s default must be conducted in a "commercially reasonable” manner.