Stockman's Water Co., LLC v. Vaca Partners, L.P.

BALDOCK, Circuit Judge.

Plaintiff Stockman’s Water Company and Defendants Vaca Partners, Farallón Capital Management, and Jason Fish hold varying interests in the Baca Grand Ranch. Plaintiff initiated this diversity action in federal court seeking to enjoin Defendants from selling their interest in the Ranch and its accompanying water assets. PlaintiffTntervenor American Water Development (AWD) intervened in the litigation as owner of an interest in the Ranch’s water assets. Upon Defendants’ motion to dismiss, the district court entered an order dismissing AWD’s claims due to collateral state…