Legal Opinion
In Re: El Paso Pipeline Partners, L.P. Derivative Litigation
Court of Chancery of Delaware
Decided June 12, 2014No. CA 7141-VCLPublishedCited by 21 opinions
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
On March 4, 2011, El Paso Pipeline Partners, L.P. (the “Partnership” or “El Paso MLP”) acquired a 25% interest in Southern Natural Gas Co. (“Southern”) from El Paso Corporation (“El Paso Parent”), the parent company of the Partnership’s general partner, El Paso Pipeline GP Company, L.L.C. (the “General Partner”). The plaintiff has challenged the transaction, claiming that the defendants violated both their express contractual obligations and the implied covenant of good faith and fair dealing, or alternatively aided and abetted those wrongful acts. Counts I and…
2Cases cited23 opinions
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Grimes v. DonaldSupreme Court of Delaware · 1996
- Moran v. Household International, Inc.Supreme Court of Delaware · 1985
- Ryan v. GiffordCourt of Chancery of Delaware · 2007
- Moran v. Household International, Inc.Court of Chancery of Delaware · 1985
18 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- El Paso Pipeline GP Company, LLC v. BrinckerhoffSupreme Court of Delaware · 2016
- Oliveira v. SugarmanCourt of Appeals of Maryland · 2017
- Citigroup Inc. v. AHW Investment Partnership, MFS, Inc.Supreme Court of Delaware · 2016
- CLARENCE JACKSON v. ROBERT GEORGEDistrict of Columbia Court of Appeals · 2016
- In re El Paso Pipeline Partners, L.P. Derivative LitigationCourt of Chancery of Delaware · 2015
16 more not listed; retrieve them via the Exa API.