Friday, July 21, 2017

Dallas Court of Appeals Reverses Partnership Verdict: Preliminary Agreements Precluded Partnership

Originally published by Energy Legal Blog ®.

On Tuesday, July 18, 2017, the Dallas Court of Appeals reversed a $535 million judgment against Enterprise Products Partners, L.P. (Enterprise), finding that unfulfilled conditions precedent in Enterprise’s written agreements with Energy Transfer Partners, L.P. (ETP) precluded the formation of a partnership between the parties.

Litigation, Energy
Bradley Benoit, Stephen Crain, Bryan Dumesnil
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