Legal Opinion
Alvey v. Union Investment, Inc.
Court of Appeals of Kentucky
Decided May 31, 1985PublishedCited by 6 opinions
1Opinion of the Court
HOWARD, Judge.
This is an appeal from a judgment holding the appellants, Eugene and Wanda Al-vey, liable as guarantors of a note.
On September 22, 1978, the appellants, Eugene and Wanda Alvey, sold appellees, James and Betty Bradshaw, a business consisting of a motel with an apartment for the owner, restaurant, grocery with gasoline pumps, and boat storage sheds in Grayson County for $110,000. The Brad-shaws obtained a loan for the entire amount from the appellee, Union Investment, Inc., at 18% interest. The Alveys signed a limited guaranty agreement pledging $45,000 as security in case of a…
2Cases cited6 opinions
- Wahba v. Don Corlett Motors, Inc.Court of Appeals of Kentucky · 1978
- Kentucky Electric Development Company's Receiver v. HeadCourt of Appeals of Kentucky (pre-1976) · 1934
- People's State Bank v. HillCourt of Appeals of Kentucky (pre-1976) · 1925
- Marshall v. HollingsworthCourt of Appeals of Kentucky · 1915
- Cooke v. Louisville Trust Co.Court of Appeals of Kentucky · 1964
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Faulkner Drilling Co., Inc. v. GrossCourt of Appeals of Kentucky · 1997
- Ferguson v. CussinsCourt of Appeals of Kentucky · 1986
- Huff Contracting v. SarkCourt of Appeals of Kentucky · 2000
- Marlena Aldrich v. University of PhoenixCourt of Appeals for the Sixth Circuit · 2016
- Lane v. Travelers Indemnity Co.South Dakota Supreme Court · 1997
1 more not listed; retrieve them via the Exa API.