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HOLT v. PEOPLES BANK OF MT. WASHINGTON

No. 90-SC-0429-DG.

814 S.W.2d 568 (1991)

Robert E. HOLT; Connie Holt; and Marion E. Holt, Appellants, v. The PEOPLES BANK OF MT. WASHINGTON, Appellee.

Supreme Court of Kentucky.

August 29, 1991.

Attorney(s) appearing for the Case

John A. Schmidt, Shepherdsville, for appellants.

Joseph J. Wantland, Shephersdville, for appellee.

LAMBERT, Justice.

The issue presented is whether any failure of a secured party to dispose of the collateral in a commercially reasonable manner necessarily results in a forfeiture of its right to a deficiency judgment. Decisions of the Court of Appeals of Kentucky in Bank Josephine v. Conn, Ky.App., 599 S.W.2d 773 (1980), Rexing v. Doug Evans Auto Sales, Inc., Ky.App., 703 S.W.2d 491

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