Third Circuit Resurrects an ‘Admin’ Claim When the Stalking Horse Had No Breakup Fee
The Third Circuit found loopholes in the purchase agreement permitting the buyer to assert an administrative claim, even though the breakup fee was disallowed.
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Case Details
Case Citation
NextEra Energy Inc. v. Energy Future Holdings Corp. (In re Energy Future Holdings Corp.), 19-3492 (3d Cir. March 15, 2021)
Case Name
NextEra Energy Inc. v. Energy Future Holdings Corp. (In re Energy Future Holdings Corp.)
Case Type
Business