Ex Parte Kohlberg Kravis Roberts & Company, L.p. (in Re 27001 Partnership v. Kohlberg Kravis Roberts…

Summary

The court denied both mandamus petitions. It held that Alabama could exercise specific personal jurisdiction over the out-of-state entities and individual defendants because their alleged conduct was purposefully directed toward acquiring and financing an Alabama corporation and had a firm nexus with the claims. It also held that the challenge to the Alabama Securities Act claims concerned failure to state a claim, not standing, and therefore could be reviewed adequately on appeal rather than by mandamus.