S.C. Ret. Sys. Inv. Comm'n v. Loftis
Decision Date | 17 April 2013 |
Docket Number | No. 27242.,27242. |
Citation | 402 S.C. 382,741 S.E.2d 757 |
Court | South Carolina Supreme Court |
Parties | SOUTH CAROLINA RETIREMENT SYSTEM INVESTMENT COMMISSION, Petitioner, v. Curtis M. LOFTIS, Jr., as Custodian of the South Carolina Retirement Systems Group Trust, Respondent. Appellate Case No. 2013–000754. |
OPINION TEXT STARTS HERE
Henry Pickett Wall and Edward Wade Mullins, III, of Bruner Powell Wall & Mullins, LLC, of Columbia, for Petitioner.
William J. Condon, Jr., of Columbia; and Curtis W. Dowling, of Barnes Alford Stork & Johnson, LLP, of Columbia, for Respondent.
William A. Coates and Joseph Owen Smith, of Roe Cassidy Coates & Price, PA, of Greenville, for Amicus Curiae The State Retirees Association of South Carolina.
This Court accepted the petition of the South Carolina Retirement Investment Commission (the Commission) in its Original Jurisdiction to determine whether the Commission was entitled to a writ of mandamus requiring respondent, Curtis M. Loftis, Jr., in his capacity as custodian of the South Carolina Retirement Systems Group Trust, to authorize the funding of the Warburg Pincus Private Equity XI, L.P. investment (Warburg Pincus Fund XI). The Court also agreed to expedite the matter based on the Commission's assertion that the failure to fund the investment by April 16, 2013, would cause the Commission to default on its contractual obligations and result in severe financial penalties.
Loftis filed a return to the petition on April 15, 2013, stating he authorized the transfer of funds the morning of April 15 because information he had previously requested from the Commission, and which he maintained was a necessary prerequisite to authorizing the transfer of funds, had been submitted to the Court along with the Commission's attachments to its petition for a writ of mandamus. Loftis contended the action had been rendered moot because he performed the sole action the Commission requested this Court mandate he perform: authorizing the transfer of funds to Warburg Pincus Fund XI.
At oral argument, the parties conceded that funding for the Warburg Pincus Fund XI investment has occurred. Nevertheless, the Commission maintains Loftis' decision to fund the investment does not moot this matter in its entirety based on Loftis' alleged misapprehension of his legal authority in his position as custodian of the South Carolina Retirement Systems Group Trust. The Commission argues the Court should consider injunctive relief to direct the custodian to follow Commission directives to fund future investments. We disagree.
A case is moot where a judgment rendered by the Court will have no practical legal effect upon an existing controversy because an intervening event renders any grant of effectual relief impossible for the Court. Ex parte Doe, 393 S.C. 147, 151, 711 S.E.2d 892, 894 (2011)(quoting Sloan v. Friends of the Hunley, Inc., 369 S.C. 20, 26, 630 S.E.2d 474, 477 (2006)); Sloan v. Greenville Cnty., 361 S.C. 568, 572, 606 S.E.2d 464, 467 (2004). Where there is no actual controversy, this Court will not decide moot or academic questions.Sloan v. Friends of the Hunley, id. at 26, 630 S.E.2d at 477.
Generally, in mandamus cases, the performing of the act by the individual moots the case. See Miller v. State, 377 S.C. 99, 659 S.E.2d 492 (2008) (...
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