Legal Opinion
Brinckerhoff v. Texas Eastern Products Pipeline Co.
Court of Chancery of Delaware
Decided January 15, 2010No. Civil Action Nos. 2427-VCL, 4548-VCLPublishedCited by 38 opinions
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
I am asked to approve a settlement resolving two representative actions brought by holders of limited partnership units (“LP units”) of Teppco Partners L.P. (“Teppco”). The first action, Brinckerhoff v. Texas Eastern Products Pipeline Company, LLC, C.A. No. 2427-VCL, challenged two transactions between Teppco and Enterprise Products Partners, L.P. (“Enterprise”). Defendant Daniel L. Duncan controlled both Teppco and Enterprise, and the plaintiffs contend that the transactions unfairly favored Enterprise. The claims appear strong. The parties refer to this action…
2Cases cited23 opinions
- Matsushita Electric Industrial Co. v. EpsteinSupreme Court of the United States · 1996
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996
- William Weinberger v. Great Northern Nekoosa Corp.Court of Appeals for the First Circuit · 1991
- Lewis v. AndersonSupreme Court of Delaware · 1984
18 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Kahn v. M & F Worldwide Corp.Supreme Court of Delaware · 2014
- Norton v. K-Sea Transportation Partners L.P.Supreme Court of Delaware · 2013
- El Paso Pipeline GP Company, LLC v. BrinckerhoffSupreme Court of Delaware · 2016
- Gerber v. Enterprise Products Holdings, LLCSupreme Court of Delaware · 2013
- In re MFW Shareholders LitigationCourt of Chancery of Delaware · 2013
33 more not listed; retrieve them via the Exa API.