Kentucky Central Life Insurance Co. v. Stephens
Kentucky Supreme Court
1Opinion of the Court
REYNOLDS, Justice.
In this insurance liquidation proceeding, the Franklin Circuit Court approved the sale of Kentucky Central Life Insurance Company’s (KCL) assets, including the company’s insurance business, and ordered KCL’s liquidation. The current board of directors of KCL seeks reversal and remand upon the basis that the decision failed to comply with the Kentucky insurer’s rehabilitation and liquidation laws and was made in contravention of the constitutional rights of KCL and its shareholders. 1
KCL was incorporated in Kentucky in 1902 and commenced operating as a domicile life insurance…
2Cases cited28 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Board of Regents of State Colleges v. RothSupreme Court of the United States · 1972
- Morrissey v. BrewerSupreme Court of the United States · 1972
- Parratt v. TaylorSupreme Court of the United States · 1981
- Boddie v. ConnecticutSupreme Court of the United States · 1971
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3Cited by23 opinions
- Smith v. O'DEACourt of Appeals of Kentucky · 1997
- Hilltop Basic Resources, Inc. v. County of BooneKentucky Supreme Court · 2005
- Cohen v. State ex rel. StewartSupreme Court of Delaware · 2014
- Ernst & Young, LLP v. ClarkKentucky Supreme Court · 2010
- Minor v. StephensKentucky Supreme Court · 1995
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