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Del. Ch.·
2016-05-11
The Court granted the Defendants' Motion to Dismiss, holding that the Conflicts Committee's approval of the "Dropdown" transaction created a conclusive presumption of fairness and reasonableness to the Partnership, thereby precluding judicial scrutiny of the transaction's substan
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Del. Ch.·
2007-10-09
The court held that the partnership agreement, not common law, provided the relevant standard of care for the general partner's oversight duty. Because the general partner delegated nearly all managerial responsibilities to conflicted entities, its residual duty of oversight requ
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956 F.2d 89·
5th Cir.·
1992-03-05
The court held that the district court abused its discretion in granting a preliminary injunction because the plaintiffs have no likelihood of prevailing on their waiver or estoppel theories regarding voting rights as transferees of partnership units.
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549 So. 2d 767·
Fla. 3d DCA·
1989-10-03
Shelomith sued Friedland for breach of a partnership dissolution agreement, claiming Friedland wrongfully deeded fourteen parcels to defaulting customers instead of to Shelomith. The trial court found liability but awarded zero damages, concluding the properties had no value. The
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690 F.2d 578·
6th Cir.·
1982-10-07
A partner's breach of a partnership agreement, even if it causes dissolution, does not warrant forfeiture of their entire partnership interest; damages are the appropriate remedy. The court also found that the magistrate's factual finding regarding the scope of the partnership ag
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342 So. 2d 1072·
Fla. 3d DCA·
1977-03-01
The court held that service of process was improper because the individual served was not a general partner of the limited partnership. The order denying the motion to quash service is reversed.