Energy Transfer Unit Sues In Del. Over Secret Pipeline Deal
Law 360
FEBRUARY 28, 2023
A subsidiary of midstream energy company Energy Transfer LP has sued four of its former officers in Delaware's Chancery Court, alleging that just before Energy Transfer bought the unit in 2017, they struck a "secret, sweetheart deal" with PennEnergy Resources LLC to perpetually obligate the subsidiary to build high-pressure discharge pipelines for (..)
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