Kennedy v. Joy Manufacturing Co.
Court of Appeals of Kentucky
1Opinion of the Court
COMBS, Judge.
This is an appeal from a summary judgment of the Jefferson Circuit Court, holding appellant personally liable under a guaranty agreement for a corporate debt to appellee.
Appellant Kennedy is a shareholder in and vice-president of the Marrick Company. In September of 1977, Kennedy executed a contract whereby he promised to guarantee the cost of merchandise and goods sold to the Marrick Company by appellee Joy Manufacturing Company. The Marrick Company subsequently filed a petition for bankruptcy and defaulted on the debt to Joy Manufacturing.
Joy Manufacturing filed this action…
2Cases cited4 opinions
- Childers & Venters, Inc. v. SowardsCourt of Appeals of Kentucky (pre-1976) · 1970
- McGowan v. Wells' TrusteeCourt of Appeals of Kentucky · 1919
- Citizens Fidelity Bank & Trust Co. v. LamarCourt of Appeals of Kentucky · 1977
- Liberty National Bank & Trust Co. v. RussCourt of Appeals of Kentucky · 1984
3Cited by5 opinions
- Ashland Oil, Inc. v. WarmannMissouri Court of Appeals · 1994
- Enzweiler v. Peoples Deposit Bank of BurlingtonCourt of Appeals of Kentucky · 1987
- Mentor Lumber & Supply Co. v. VictorOhio Court of Appeals · 1990
- Mentor Lumber & Supply v. VictorOhio Court of Appeals · 1990
- Providence Healthcare of Pine Meadows, LLC A/K/A Pine Meadowsidence Opco, LLC v. Keith Roark as Administrator of the Estate of Edd RoarkCourt of Appeals of Kentucky · 2020