Legal Opinion

Oxbow Carbon & Minerals Holdings, Inc. v. Crestview-Oxbow Acquisition, LLC

Supreme Court of Delaware

Decided January 17, 2019No. 536, 2018PublishedCited by 112 opinions

1Opinion of the Court

VALIHURA, Justice:

Two of Oxbow Carbon LLC's ("Oxbow") minority Members-Crestview Partners, L.P. and Load Line Capital LLC (together, the "Minority Members")-have attempted to force a sale of Oxbow over the objection of Oxbow's majority Members, William I. Koch and his affiliates (the "Koch Parties"). 1 This dispute centers on the proper interpretation of the governing Third Amended and Restated Limited Liability Company Agreement (the "LLC Agreement"). Although the Court of Chancery found that the minority investors affiliated with Koch-Ingraham Investments LLC and Oxbow Carbon Investment…

2Cases cited14 opinions

  1. Nemec v. ShraderSupreme Court of Delaware · 2010
  2. Wood v. . Duff-GordonNew York Court of Appeals · 1917
  3. Dunlap v. State Farm Fire & Casualty Co.Supreme Court of Delaware · 2005
  4. Allied Capital Corp. v. GC-Sun Holdings, L.P.Court of Chancery of Delaware · 2006
  5. E.I. DuPont De Nemours & Co. v. PressmanSupreme Court of Delaware · 1996

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

3Cited by112 opinions

  1. In re Shorenstein Hays-Nederlander Theatres LLCSupreme Court of Delaware · 2019
  2. ASVRF Paterson Plank RD J-C, LLC v. Brass Works Urban Renewal Company, LLCCourt of Chancery of Delaware · 2025
  3. ATP III GP, Ltd v. Rigmora Biotech Investor One LPCourt of Chancery of Delaware · 2025
  4. Achaogen, Inc.United States Bankruptcy Court, D. Delaware · 2023
  5. Alexander Chiew, on behalf of himself and all others similarly situated v. TD Bank, N.A.District Court, E.D. New York · 2026

107 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