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TILE HOUSE v. CUMBERLAND FEDERAL SAV. BANK

No. 95-SC-0994-DG.

942 S.W.2d 904 (1997)

TILE HOUSE, INC.; American Bluegrass Marble Co.; Mark A. Shader, d/b/a Roman Tile Company; The Trend Appliance Co., Inc.; Kinnaird & Francke; Cardinal Sanitation, Inc.; and Advance Ready-Mix, Appellants, v. The CUMBERLAND FEDERAL SAVINGS BANK n/k/a Fifth Third Bank; Charles Steier; Cherry Briet Steier; Mark A. Campisano; Dr. Michael Hannigan; Mrs. Michael Hannigan; Kentucky-Indiana Lumber Co., Inc.; K.F.P., Inc. d/b/a Big River Lumber Company; S.B. Glass Co., Inc.; Gary D. Cox; John Allegeier d/b/a John Allegeier Sodding Contractor; and William K. Sparks, Appellees.

Supreme Court of Kentucky.

As Amended April 25, 1997.

Attorney(s) appearing for the Case

J. Michael Poole, Bruce Garrett Anderson, David B. Blandford, Ackerson, Yann & Miller, PSC, John H. Alvey, B. Keefe Montgomery, Alan N. Linker, Morris, Garlove, Waterman & Johnson, J. Matthew Carey, William Buckaway, Jr., Tilford, Dobbins, Alexander & Buckaway, Louisville, for Appellants.

Timothy W. Martin, Brown, Todd & Heyburn, R. Greg Hovious, Tachau Maddox & Hovious, PLC, Thomas A. Klausing, S. Russell Smith, Jr., Smith & Smith, Michael L. Maple, Susan E. Schneider, Maple & Associates, Dan E. Siebert, Louisville, Charlene Hall Jones, Jeffersontown, Ray H. Stoess, Jr., Stoess Law Office, Gary D. Cox, Joseph E. Fineman, William K. Sparks, Louisville, for Appellees.

WINTERSHEIMER, Justice.

This appeal is from a decision of the Court of Appeals which affirmed the judgment of the trial court in favor of Cumberland Federal Savings Bank and Michael and Michelle Hannigan and refused to give first priority to mechanics' and materialmen's lienholders and awarded the bank and the Hannigans priority superior to the lienholders.

The issue is whether an equitable lien, which is not recorded and of which materialmen have no notice...

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