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Board of Directors Master Limited Partnerships

Morris James LLP

Court Of Chancery Stresses Proper Procedure When Relying On A Contractual Safe Harbor In The MLP Context

Morris James LLP on

In Re Energy Transfer Equity, L.P. Unitholder Litigation, C.A. No. 12197-VCG (Del. Ch. May 17, 2018) - Conflicted transactions are commonplace in the master limited partnership (MLP) context. The entity’s operating...more

Sheppard Mullin Richter & Hampton LLP

Delaware Supreme Court Confirms that Dilution Claims Typically Are Derivative and Are Extinguished After a Merger

Stockholder claims alleging wrongful dilution are typically considered to be derivative in nature. Several decisions out of Delaware, however, have created exceptions to this general rule allowing stockholders to sue...more

Latham & Watkins LLP

10 MLP Governance Facts

Latham & Watkins LLP on

MLPs possess unique governance characteristics as compared to corporations.The number of master limited partnerships (MLPs) has grown significantly over the past five years, increasing from 59 in 2009 to over 100 in 2013. An...more

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