IN RE BAIRD

Bankruptcy Nos. 48200498, 48200499, Adv. No. 4840058.

55 B.R. 316 (1985)

In re Charles Newton BAIRD, Joseph Allen Baird, Sharon Ann Baird, d/b/a Baird Brothers, Debtors. Russ WILKEY, Trustee, Plaintiff, v. OHIO VALLEY NATIONAL BANK OF HENDERSON and Jim Smith Contracting Company, Inc., Defendants.

United States Bankruptcy Court, W.D. Kentucky.

November 27, 1985.


Attorney(s) appearing for the Case

Russ Wilkey, Owensboro, Ky., for trustee.

Stephen M. Arnett, Morganfield, Ky., for Union Fertilizer Co., Inc.

Charles W. Beacham, Henderson, Ky., for defendants.


MEMORANDUM OPINION

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

The intricacies of levy, execution and lien perfection under Kentucky law are the topics of this opinion on the pending motions for summary judgment. We begin our consideration of these basic principles of commercial law with a detailed recitation of the facts of this case.

On April 22, 1982 the debtors, Charles Newton Baird, Joseph Allen Baird, Sharon Ann Baird, d/b/a Baird Brothers, filed...

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