(Download) "August L. Bobenhausen v. Cassat Avenue Mobile Homes" by First District. District Court of Appeal of Florida # eBook PDF Kindle ePub Free
eBook details
- Title: August L. Bobenhausen v. Cassat Avenue Mobile Homes
- Author : First District. District Court of Appeal of Florida
- Release Date : January 01, 1977
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
Alvin Lackow [Lackow] executed a guaranty in connection with accounts financing and inventory loan security agreements entered into by Lackow Brothers, Inc. [Lackow Brothers], as debtor, and Walter E. Heller & Company Southeast, Inc. [Heller], as creditor. After Lackow Brothers filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Reform Act, Heller sought, and, subsequently, was granted, permission from the bankruptcy court to sell the inventory and collect on the accounts receivable of Lackow Brothers in order to satisfy the outstanding debt under the security agreements. In the present action, Heller sought to hold Lackow liable for the resulting deficiency. Lackow appeals from a final judgment entered for Heller and from the trial courts denial of his motion to vacate final judgment and for grant of new trial. For the reasons which follow, we reverse the judgment entered in favor of Heller.