Legal Opinion

Milford Power Co. v. PDC Milford Power, LLC

Superior Court of Delaware

Decided December 17, 2004No. C.A. 506-NPublishedCited by 25 opinions

1Opinion of the Court

OPINION

STRINE, Vice Chancellor.

The plaintiffs in this case, Milford Power Company, LLC and the owner of a 95% interest in Milford Power, Milford Holdings LLC, bring this case seeking a declaration that defendant PDC Milford Power, LLC (“PDC”) has lost all membership interest in Milford Power as a result of its filing of a petition for bankruptcy on February 27, 2004. Although PDC’s bankruptcy petition was dismissed, the plaintiffs nonetheless allege that the plain terms of the Milford Power LLC Agreement automatically divested PDC of its membership interest in Milford Power upon PDC’s filing…

2Cases cited23 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. In the Matter of Benny L. ROACH and Edith Roach, AppellantsCourt of Appeals for the Third Circuit · 1987
  3. In the Matter of West Electronics Inc. Appeal of United States of America, by the United States Air ForceCourt of Appeals for the Third Circuit · 1988
  4. In Re: Sunterra Corporation, Debtor. Rci Technology Corporation, Formerly Known as Resort Computer Corporation v. Sunterra CorporationCourt of Appeals for the Fourth Circuit · 2004
  5. Summit Investment and Development Corporation v. Edward G. Leroux, Jr., Summit Investment and Development Corporation v. Albert F. Curran, Sr.Court of Appeals for the First Circuit · 1995

18 more not listed; retrieve them via the Exa API.

3Cited by25 opinions

  1. CCT Communications, Inc. v. Zone Telecom, Inc.Supreme Court of Connecticut · 2017
  2. Allentown Ambassadors, Inc. v. Northeast American Baseball, LLC (In Re Allentown Ambassadors, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 2007
  3. Eureka VIII LLC v. Niagara Falls Holdings LLCCourt of Chancery of Delaware · 2006
  4. Achaian, Inc. v. Leemon Family LLCCourt of Chancery of Delaware · 2011
  5. In Re ModanloUnited States Bankruptcy Court, D. Maryland · 2006

20 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API