MINOR v. STEPHENS

Nos. 94-SC-813-TG, 94-SC-805-TG and 94-SC-814-TG.

898 S.W.2d 71 (1995)

Joe MINOR, Walter E. Jorgenson, Gerald Lundergan, and Charles F. Helm, Jr., Appellants, v. Don W. STEPHENS, Commissioner of the Kentucky Department of Insurance, Appellee. PLAZA B.V. and Lagalee Finance, Inc., Appellants, v. Don W. STEPHENS, Commissioner of the Kentucky Department of Insurance, Appellee.

Supreme Court of Kentucky.

As Modified July 6, 1995.


Attorney(s) appearing for the Case

Ronald A. Newcomer, Lexington, Karl L. Rubinstein, Robert H. Nunnally, Jr., Rubinstein & Perry, Los Angeles, CA, for Joe Minor, Walter E. Jorgenson, Gerald Lundergan, and Charles F. Helm, Jr.

William P. Curlin, Jr., Hazelrigg & Cox, Frankfort, Mitchell A. Karlan, Gibson, Dunn & Crutcher, New York City, for Plaza B.V. and Lagalee Finance, Inc.

Steven L. Beshear, Janet A. Craig, Stites & Harbison, Lexington, Robert Michael Connolly, Charles J. Cronan, IV, Louisville, Judith A. Villines, Stites & Harbison, Frankfort, for Don Stephens, Com'r of the Kentucky Dept. of Ins.

James H. Newberry, Jr., Susan C. Sears, Newberry, Hargrove & Rambicure, Lexington, Kevin Griffith, Charles T. Richardson, Baker & Daniels, Indianapolis, IN, for Nat. Organization of Life and Health Ins. Guar. Ass'n,

Illinois Life & Health Ins. Guar. Ass'n, and Texas Life, Acc., Health & Hosp. Service Ins. Guar. Ass'n.


REYNOLDS, Justice.

This case arises out of the claims of nonvoting shareholders of Kentucky Central Life Insurance Company (KCL), which company had been placed into rehabilitation/liquidation proceedings by the Kentucky Commissioner of Insurance.1

The factors and issues of this case are the same or similar to those set forth in Kentucky Central Life Insurance Company v. Don W. Stephens, Commissioner of the Kentucky Department...

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