1. Home
  2. Browse Decisions
  3. IN RE OXBOW CARBON LLC UNITHOLDER LITIGATION
 

IN RE OXBOW CARBON LLC UNITHOLDER LITIGATION

C.A. No. 12447-VCL.

IN RE OXBOW CARBON LLC UNITHOLDER LITIGATION.

Court of Chancery of Delaware.

Decided: August 1, 2018.

Attorney(s) appearing for the Case

Kenneth J. Nachbar , Thomas W. Briggs, Jr. , Richard Li , MORRIS, NICHOLS, ARSHT & TUNNELL LLP, Wilmington, Delaware; R. Robert Popeo , Michael S. Gardener , Breton Leone-Quick , MINTZ, LEVIN, COHN, FERRIS, GLOVSKY & POPEO, P.C., Boston, Massachusetts; Attorneys for Oxbow Carbon LLC.

Stephen C. Norman , Jaclyn C. Levy , Daniyal M. Iqbal , POTTER ANDERSON & CORROON LLP, Wilmington, Delaware; David B. Hennes , C. Thomas Brown , Adam M. Harris , Elizabeth D. Johnston , ROPES & GRAY LLP, New York, New York; Attorneys for Oxbow Carbon & Minerals Holdings, Inc., Ingraham Investments LLC, Oxbow Carbon Investment Company LLC, and William I. Koch.

Kevin G. Abrams , Michael A. Barlow , April M. Ferraro , ABRAMS & BAYLISS LLP, Wilmington, Delaware; Brock E. Czeschin , Matthew D. Perri , Sarah A. Galetta , RICHARDS, LAYTON & FINGER, P.A., Wilmington, Delaware; Michael B. Carlinsky , Chad Johnson , Jennifer Barrett , Silpa Maruri , QUINN EMANUEL URQUHART & SULLIVAN, LLP, New York, New York; Attorneys for Crestview-Oxbow Acquisition, LLC, Crestview-Oxbow (ERISA) Acquisition, LLC, Crestview Partners, L.P., Crestview Partners GP, L.P., Crestview Advisors, L.L.C., Robert J. Hurst, and Barry S. Volpert.

J. Clayton Athey , John G. Day , PRICKETT, JONES & ELLIOTT, P.A., Wilmington, Delaware; Dale C. Christensen, Jr. , Michael B. Weitman , SEWARD & KISSEL LLP, New York, New York; Attorneys for Load Line Capital LLC.

MEMORANDUM OPINION

In a lengthy post-trial ruling,1 I held that the Koch Parties breached the Reasonable Efforts Clause in Oxbow's LLC Agreement by seeking to disrupt, derail, and delay an Exit Sale.2 I found that "[b]ut for Koch's actions, Oxbow would have entered...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases