Court Opinion

ID: 9568599
Source: CourtListenerOpinion
Date Created: 2023-08-21 20:05:34.112298+00
Date Added: 2024-06-11T10:49:24.295435
License: Public Domain

SABERS, Justice
(concurring in part and dissenting in part).
I agree with the majority opinion in all respects except as to Issue 3. Many aspects of this matter, especially the delays, were commercially unreasonable under SDCL 57A-9-504(3). Every aspect of the disposition must be commercially reasonable, including the method, manner, time, place, terms, and notice. SDCL 57A-9-504(3). However, the delays were caused by the requests of the debtor Ha-berer for more time to redeem, find buyers, release possession, rent the building, etc. Even the failure to foresee the drastic drop in market value was caused by the Bank’s granting of Haberer’s request for more time. This excuses the delays as to Haber-er, but not as to the Van Meters as guarantors. As stated by the majority, a creditor seeking a deficiency has the burden of proving the reasonableness of all aspects of the disposition. This burden must be met against all debtors and guarantors. This creditor met its burden as to Haberer but not as to Van Meters. Therefore, no deficiency judgment should be allowed against the Van Meters. SDCL 57A-9-504(3).