KKR & CO. INC. v. COMMONWEALTH

Nos. 2022-CA-0347-MR, 2022-CA-0350-MR, 2022-CA-0353-MR.

KKR & CO. INC., Appellant, v. COMMONWEALTH OF KENTUCKY, Appellee. AND PAAMCO PRISMA, LLC; PAAMCO/PRISMA HOLDINGS, LLC; AND PRISMA CAPITAL PARTNERS LP, Appellants, v. COMMONWEALTH OF KENTUCKY, Appellee, AND DANIEL BOONE FUND, LLC, Appellant, v. COMMONWEALTH OF KENTUCKY, Appellee. AND BLACKSTONE ALTERNATIVE ASSET MANAGEMENT ASSOCIATES LLC; BLACKSTONE ALTERNATIVE ASSET MANAGEMENT L.P.; AND BLACKSTONE HENRY CLAY FUND, LLC, Appellants, v. COMMONWEALTH OF KENTUCKY, Appellees.

Court of Appeals of Kentucky.

Rendered: December 1, 2023.


Attorney(s) appearing for the Case

Barry Barnett , Abigail Noebels , Ryan Weiss , Max Straus , Houston, Texas. Steven Shepard , New York, New York. Seth Thomas Church , Barbara B. Edelman , Grahmn New Morgan , John Moose Spires , Lexington, Kentucky, BRIEFS FOR APPELLANT KKR & CO., INC.

David Elbaum , Michael J. Garvey , Peter E. Kazanoff , Sara A. Ricciardi , New York, New York. Seth Thomas Church , Barbara B. Edelman , Grahmn New Morgan , John Moose Spires , Lexington, Kentucky, BRIEFS FOR APPELLANTS PAAMCO PRISMA, LLC, PAAMCO/PRISMA HOLDINGS, LLC AND PRISMA CAPITAL PARTNERS LP.

Daniel Cameron , Attorney General of Kentucky. Daniel John Grabowski , John Christian Lewis , Victor Bruce Maddox , Alexander Y. Magera , Aaron John Silletto , Brett R. Nolan , Assistant Attorneys General, Frankfort, Kentucky, BRIEFS FOR APPELLEE COMMONWEALTH OF KENTUCKY.

Brian Michael Johnson , Carol Anne Stewart , Lexington, Kentucky, BRIEFS FOR APPELLANT DANIEL BOONE FUND, LLC.

Andrew J. Ehrlich , Brad S. Karp , Lorin L. Reisner , Brette Tannenbaum , New York, New York. Donald Joseph Kelly , Jordan Michael White , Louisville, Kentucky, BRIEFS FOR APPELLANTS BLACKSTONE ALTERNATIVE ASSET MANAGEMENT ASSOCIATES LLC, BLACKSTONE ALTERNATIVE ASSET MANAGEMENT L.P., AND BLACKSTONE HENRY CLAY FUND, LLC.

Christopher D. Belelieu , New York, New York. Michael W. Oyler , Louisville, Kentucky, AMICI CURIAE BRIEF FOR LAW PROFESSORS.

BEFORE: CALDWELL, DIXON, AND ECKERLE, JUDGES.


NOT TO BE PUBLISHED

OPINION

The main question presented in these appeals is whether indemnity clauses in several investment-related contracts involving the Kentucky Retirement Systems, now called the Kentucky Public Pensions Authority ("Retirement") are unconstitutional. The Kentucky Attorney...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases