BASF Corp. v. POSM II Properties Partnership, L.P., (Del. Ch., Mar. 3, 2009), read opinion here.

Kevin Brady, a highly respected Delaware litigator,  prepared the following review of the case.

In this Chancery Court  decision, Vice Chancellor Strine dismissed an action brought by BASF Corporation, seeking to withdraw from defendant POSM II Limited Partnership, L.P. and…