In Re Ralph W. Crosby Beverly F. Crosby, Debtors. Ralph W. Crosby Beverly F. Crosby v. Douglas Reed Gayle Reed

85 F.3d 634 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. In re Ralph W. CROSBY; Beverly F. Crosby, Debtors. Ralph W. CROSBY; Beverly F. Crosby, Appellants, v. Douglas REED; Gayle Reed, Appellees. No. 95-15277. United States Court of Appeals, Ninth Circuit. Argued and Submitted April 11, 1996. Decided May 7, 1996. 1 Before: BROWNING and NOONAN, Circuit Judges, and MERHIGE, * Senior District Judge. 2 MEMORANDUM ** 3 The Crosbys appeal a decision of the Bankruptcy Appellate Panel affirming an order of the bankruptcy court that overruled their objection to a proof of claim filed by the Reeds as secured creditors. We affirm. 4 When selling collateral, a secured party must act "in good faith and in a commercially reasonable manner." Cal.Com.Code § 9504(3). The Crosbys argue the sale was not conducted in a commercially reasonable manner because the Reeds' published sale notice omitted the covenant not to compete as an asset being sold under the security agreement. We hold…