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LG & E CAPITAL CORP. v. TENASKA VI, L.P.

No. 01-1875.

289 F.3d 1059 (2002)

LG & E CAPITAL CORP., Plaintiff-Appellee, v. TENASKA VI, L.P.; Tenaska Grimes Partners, L.P., Defendants-Appellants.

United States Court of Appeals, Eighth Circuit.

Filed: May 17, 2002.

Attorney(s) appearing for the Case

Steven D. Davidson, argued, Omaha, NE (Thomas E. Johnson, on the brief), for appellant.

Douglas A. Rappaport, argued, New York City (Stephen P. Davidson, Bartholomew L. McLeay, on the brief), for appellee.

BEFORE: BYE and BEAM, Circuit Judges, and GOLDBERG, Judge.

BYE, Circuit Judge.

This is a dispute over the exercise of an option to acquire a 10% interest in a limited partnership. Tenaska VI, L.P., and Tenaska Grimes Partners, L.P., two affiliates of Tenaska, Inc. (collectively, Tenaska) who held a majority interest in the limited partnership, allege LG & E Capital Corp. violated the option's anti-assignment provision by exercising the option with an agreement already in place to transfer the interest to a third party...

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