Legal Opinion

UPS Capital Business Credit v. C.R. Cable Construction, Inc.

Court of Appeals of Kentucky

Decided December 9, 2005No. 2004-CA-002062-MRPublishedCited by 2 opinions

1Opinion of the Court

OPINION

DYCHE, Judge.

UPS Capital Business Credit (UPS Capital), appeals from a July 15, 2004, order of the Clark Circuit Court invoking the equitable doctrine of marshaling assets, thereby requiring UPS Capital to seek satisfaction of a debt on two notes owed by Patton Management Group, Inc. (d/b/a Wright Lopez) and Patton Management Corp. (f/ k/a Wright Lopez, Inc.) (collectively Patton Management) through alternative sources, including loan guaranties and other secured assets, prior to exercising its first-priority security hen against garnished cash accounts currently being held by the…

2Cases cited6 opinions

  1. Merrigan v. Small Business Administration (In Re Clary House, Inc.)United States Bankruptcy Court, W.D. Missouri · 1981
  2. Morgan v. MeachamCourt of Appeals of Kentucky (pre-1976) · 1938
  3. Jackson v. MetcalfCourt of Appeals of Kentucky · 1966
  4. Gaines v. HillCourt of Appeals of Kentucky · 1912
  5. Bartley v. Pikeville National Bank & Trust Co.Court of Appeals of Kentucky · 1975

1 more not listed; retrieve them via the Exa API.

3Cited by2 opinions

  1. Bank of the Wichitas v. LedfordSupreme Court of Oklahoma · 2006
  2. AgWest Farm Credit v. Kimberly CDistrict Court, D. Oregon · 2025

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