Credit: Ryjkov_S/Shutterstock $690M Liability Decision Against Pipeline Partners Reversed by Supreme Court
While all five judges agreed the Court of Chancery made a judgment that should be reversed, Valihura wrote the court shouldn't remain silent on whether advice being legally sound is something for a court to decide when determining if it was made in good faith or not.
December 20, 2022 at 05:48 PM
4 minute read
The Delaware Supreme Court has reversed a Court of Chancery decision that found a pipeline company liable for $690 million last year in a dispute stemming from efforts to take the company's master limited partnership private.
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