Clark Hill Strasburger Assists with Victory in Enterprise Products Partners L.P.’s Years-Long Battle with Energy Transfer Partners
Working as part of a multi-firm team, Clark Hill Strasburger represented Enterprise Products Partners L.P. in the recent Texas Supreme Court rejection of a $535 million partnership judgment against them in favor of pipeline transport company, Energy Transfer Partners L.P. (ETP).
The ruling, which was issued on Friday, Jan. 31, agreed with the Fifth Court of Appeals in Dallas, and ruled in Enterprise’s favor, saying the pipeline developer did not have a binding partnership to develop a crude oil line with Energy Transfer Partners. The court ruled that Texas law permits parties to agree that no partnership will exist unless certain conditions are satisfied.
Michael Jung, who led both the firm’s representation of Enterprise, said “We’re thrilled the Texas Supreme Court ruled in favor of Enterprise Products Partners. This important decision protects the ability of Texas businesses to explore potential cooperative ventures without risking surprise liability.”
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Enterprise is headquartered in Houston, Texas.
The Clark Hill Strasburger’s Enterprise team is based out of their Dallas office and led by partner P. Michael Jung (Co-chair of Clark Hill Strasburger’s Texas Appellate and Infrastructure practices).
About Clark Hill Strasburger
Clark Hill Strasburger is a multidisciplinary national law firm that draws upon our attorneys’ industry and policy knowledge, our deeply held shared values, and a global network of premier firms and advisors to provide innovative legal solutions and client-service excellence worldwide. To learn more, visit: https://www.clarkhill.com/.
In April 2018, law firms Clark Hill and Strasburger & Price combined to form Clark Hill Strasburger. Together, the two firms have more than 200 years of combined history providing client legal services as well as nearly 650 lawyers with 25 offices in 11 states, the District of Columbia, Ireland, and Mexico. Learn more: https://www.clarkhill.com/press/clark-hill-strasburger-price-announce-merger.