Columbia Sues To Get AmeriGas Propane Suit In Del.

Law360, New York (June 28, 2010, 6:50 PM EDT) -- Columbia Energy Group Inc. is trying to stop AmeriGas Propane LP from pursuing indemnification claims against the company in West Virginia, saying a 2001 sale agreement for Columbia’s propane distribution business requires them to resolve the issue in Delaware.

In a lawsuit filed Friday in Delaware Chancery Court, Columbia said AmeriGas is disregarding an agreement that all disputes arising from the $200 million sale of Columbia’s propane business to AmeriGas would be resolved in the Delaware courts.

AmeriGas has pursued indemnification claims against Columbia in West...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.