Blgh Holdings LLC v. Enxco Lfg Holding, LLC

JACOBS, Justice:

In 2010, BLGH Holdings LLC, the plaintiff-below (“BLGH”), entered into an agreement with enXeo LFG Holding, LLC, the defendant-below (“enXeo”), to sell BLGH’s renewable energy business— Beacon Landfill Gas Holdings, LLC (“Beacon”) — to enXeo. The Unit Purchase Agreement that governed the sale of Beacon (the “UPA”) called for a purchase price of $12 million, plus a “bonus payment” to BLGH if certain conditions were met. The sale of Beacon took place and BLGH was paid $12 million. A dispute arose, however, over whether BLGH was also entitled to the additional bonus payment.…