Bandera Master Fund LP v. Boardwalk Pipeline Partners, LP

Summary

The Court granted clarification in part, recognizing that the plaintiffs’ unjust-enrichment claim included a theory based on the defendants’ allegedly wrongful exercise of the Call Right, not merely on the Potential Exercise Disclosures. The Court clarified that its affirmance reached only the disclosure-based unjust-enrichment theory and left the Call Right exercise theory for further proceedings, while maintaining its prior remand of the tortious-interference claim.