Court Opinion

ID: 9765045
Source: CourtListenerOpinion
Date Created: 2023-08-29 03:48:54.014389+00
Date Added: 2024-06-11T12:52:42.197504
License: Public Domain

EMBERTON, Judge,
dissenting.
I respectfully dissent. As I review the facts as presented at oral arguments — and in the briefs — I am convinced that special circumstances are presented sufficiently that equitable estoppel ought to apply. Contrary to the opinion of the majority, I believe the elements set forth in Gray v. Jackson Production Credit Association, Ky.App., 691 S.W.2d 904, 906 (1985), are adequately met. *899All the appellants engaged in business transactions (from project bidding to sale of one of the companies) where knowing precisely the operating costs and tax liabilities were critical factors to the success of those transactions. To have corrected billings imposed for those prior years, some four years later, creates losses that cannot be recovered. I think the application of equitable estoppel is appropriate. I would reverse.