UPS Capital Business Credit v. C.R. Cable Construction, Inc.
Court of Appeals of Kentucky
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
- Merrigan v. Small Business Administration (In Re Clary House, Inc.)United States Bankruptcy Court, W.D. Missouri · 1981
- Morgan v. MeachamCourt of Appeals of Kentucky (pre-1976) · 1938
- Jackson v. MetcalfCourt of Appeals of Kentucky · 1966
- Gaines v. HillCourt of Appeals of Kentucky · 1912
- Bartley v. Pikeville National Bank & Trust Co.Court of Appeals of Kentucky · 1975
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3Cited by2 opinions
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