Market Overview

Constellation Energy Announces Delaware Court Issues Order for Preliminary Injunction

Constellation Energy Partners (NYSE: CEP) today announced that
the Court of Chancery of the State of Delaware (the “Court”) has issued
an order granting a motion for a preliminary injunction made by
plaintiffs in the PostRock Litigation. As a result of the order, CEP is
enjoined preliminarily from holding its annual meeting of unitholders on
December 5, 2013, or at any time before the Court has ruled on the
merits of plaintiffs' claims.

Once the Court has ruled on the merits of plaintiffs' claims, the
company's duly constituted board of managers shall promptly schedule and
hold the annual meeting.

The trial in the PostRock Litigation is scheduled for December 16 through

See full press release

Posted-In: News Guidance Offerings Contracts Legal Management Global

 

Most Popular

Related Articles (CEP + PSTR)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free