Oxbow: A Study In The Cost Of Misalignments In Good Deals

By Kyle Gann and Jason Osborn (February 6, 2019, 3:20 PM EST) -- By nature, equity interests in private companies are illiquid. One of the key issues for investors, and in particular, private equity sponsors, to consider in any investment is the path to liquidity. The specific issues that arise in negotiations will depend on whether the investment is for a controlling or noncontrolling stake. The recent Oxbow Carbon LLC Unitholder Litigation in Delaware between William Koch and certain minority investors in Oxbow Carbon LLC provides an opportunity to conduct a case-study of how things can go badly wrong on a minority investor's road to liquidity....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!