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Business Organizations Keyed to Bauman
In Re USA Cafes, L.P. Litigation
Citation:600 A.2d 43 (Del. Ch. 1991)
USACafes General Partner, Inc. served as the general partner of USACafes L.P. Metsa purchased a significant portion of the partnership‘s assets. A group of unit-holders strongly disagreed with this decision, and filed a claim against USACafes General Partner, Inc., and its board of directors. The dissenting unit-holders alleged board members were accepting side payments from Mesa, in breach of their fiduciary duty owed to USACafes.
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