The Delaware Court of Chancery, in In re CVR Refining, LP Unitholder Litigation, C.A. No. 2019-0062-KSJM (consol.), memo. op. (Del. Ch. Jan. 31, 2020), found that the general partner and its controllers conceivably breached the implied covenant of good faith and fair dealing in a Limited Partnership Agreement.

R. Montgomery Donaldson discusses the decision in Court of Chancery Denies Motion to Dismiss Implied Covenant of Good Faith and Fair Dealing Claim.