U.S. Bank National Ass'n v. Tax Ease Lien Investments 1, LLC

OPINION

STUMBO, Judge:

U.S. Bank National Association appeals from an Order of the Caldwell Circuit Court approving a Master Commissioner’s recommended dispersal of funds from the sale of a parcel of real property. U.S. Bank argues that the trial court improperly gave priority to the City of Princeton and Caldwell County rather than ordering a pro rata dispersal to all lien holders. Having concluded that Kentucky Revised Statutes (KRS) Chapter 134 gives equal priority to liens held by municipalities and third-party purchasers of those liens, we must reverse and remand the Order on appeal.

The…