ETP Unit Must Face $162M Property Tax Suit, Texas Court Says

Law360, New York (April 3, 2013, 1:33 PM EDT) -- A Texas appeals court ruled Tuesday that an Energy Transfer Partners LP subsidiary must continue litigation over its obligation to pay property taxes on $162 million worth of natural gas stored in Harris County, saying it didn't exhaust its administrative remedies before filing an appeal.

A trial court granted ETC Marketing Ltd. summary judgment on the grounds that its natural gas is in interstate commerce and can't be taxed by Harris County, but the 14th Court of Appeals reversed the ruling Tuesday and remanded it on...
To view the full article, register now.