The U.S. Court of Appeals for the Third Circuit on Thursday upheld a Delaware Bankruptcy Court’s decision to block a Florida-based energy company from collecting a $275 million merger termination fee against the bankruptcy estates of Energy Future Holdings Corp. and a subsidiary.

The precedential decision, published Thursday, held that the lower court judge was correct to backtrack on an initial order allowing NextEra Energy Inc. to claim the break-up fee, finding that  the judge had overlooked evidence crucial to the case. However, Thursday’s ruling came over the objection of one appellate judge, who said the decision set a “troubling, if not dangerous” precedent.