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CESSNA FINANCE CORP. v. SKYWAYS ENTERPRISES, INC.

580 S.W.2d 491 (1979)

CESSNA FINANCE CORPORATION, Movant, v. SKYWAYS ENTERPRISES, INC. and First Security National Bank and Trust Company, Respondents.

Supreme Court of Kentucky.

March 20, 1979.

Attorney(s) appearing for the Case

Gardner L. Turner and Stephen L. Barker, Lexington, for movant.

William L. Montague, Stoll, Keenon & Park, Lexington, for respondents.

LUKOWSKY, Justice.

Cessna Finance seeks a reversal of a decision of the Court of Appeals affirming a judgment of the Fayette Circuit Court. The trial court held that Cessna Finance's perfected security interest in a Cessna 414 aircraft could not be enforced against Skyways, a subsequent purchaser of the aircraft in the ordinary course of business from Du Page, a Cessna dealer, and First Security which subsequently acquired a perfected security interest in the aircraft...

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