Union Carbide Corp. v. Kentuckiana Sales Co.

DAN M. GRIFFITH, Special Commissioner.

The question presented by this appeal is whether the appellant, Union Carbide Corporation, obtained a valid execution lien against the assets of one of the appellees, Kentuckiana Sales Company, Inc., by execution upon property of Kentuckiana after a temporary receiver for it had been appointed by the Jefferson Circuit Court.

The lower court held that the lien asserted by Union Carbide Corporation was not valid, and from that judgment this appeal was taken.

The facts are that Kentuckiana Sales Company, Inc., had been in a struggling financial position for…