Lg & E Capital Corp. v. Tenaska Vi, L.P. Tenaska Grimes Partners, L.P.

BYE, Circuit Judge.

This is a dispute over the exercise of an option to acquire a 10% interest in a limited partnership. Tenaska VI, L.P., and Tenaska Grimes Partners, L.P., two affiliates of Tenaska, Inc. (collectively, Tenas-ka) who held a majority interest in the limited partnership, allege LG & E Capital Corp. violated the option’s anti-assignment provision by exercising the option with an agreement already in place to transfer the interest to a third party. Tenaska also alleges LG & E’s failure to disclose the reason for requesting an extension of the option deadline (which Tenaska…