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RACING INV. FUND 2000 v. CLAY WARD AGENCY

No. 2009-SC-000007-DG.

320 S.W.3d 654 (2010)

RACING INVESTMENT FUND 2000, LLC, Appellant, v. CLAY WARD AGENCY, INC., Appellee.

Supreme Court of Kentucky.

As Corrected September 24, 2010.

Attorney(s) appearing for the Case

Richard A. Getty , Jessica K. Case , Getty & Childers, PLLC, Lexington, KY, Counsel for Appellant.

James Burke Cooper , Boehl, Stopher & Graves, David T. Royse , Stoll Keenon Ogden PLLC, Lexington, KY, Counsel for Appellee.

Opinion of the Court by Justice ABRAMSON.

Racing Investment Fund 2000, LLC is a limited liability company created in August 2000, to purchase, train and race thoroughbred horses. In May, 2004, Racing Investment entered into an agreed judgment with its former equine insurance firm, Clay Ward Agency, Inc., for past-due insurance premiums. Shortly thereafter, Racing Investment partially paid the judgment by tendering all of the remaining assets of the then-defunct limited...

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