Bond Purchase, L.L.C. v. Patriot Tax Credit Properties, L.P.

OPINION

STEELE, Vice Chancellor.

I. Issues Presented

At issue is whether the defendant limited partnership is required to provide, pursuant to 6 Del.C. Section 17-305 and section 14.1 of the limited partnership agreement, the plaintiff, a non-limited partner investor in the defendant through its ownership of Beneficial Unit Certificates (“BUC$”) issued by the defendant, with a list of the names and addresses of the defendant’s partners and other BUC$ owners. Although the plaintiffs desire to use the list to conduct a mini-tender offer for 4.9% of the defendant’s outstanding partnership interests…