Blackmore Partners, L.P. v. Link Energy LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• recognizing that a sale of a Company’s assets and distribution of the proceeds to creditors might be fair if “there was no future for the business and no better alternative for the unitholders”
• recognizing that a sale of a Company’s assets and distribution of the proceeds to creditors might be fair if “there was no future for the business and no better alternative for the unitholders”
• applying the business judgment rule to the decision of directors of an LLC to approve the sale of the LLC

Source: CourtListener parenthetical corpus (CC0).