$319M Verdict In Dallas Pipeline Trial Stuns Industry

Law360, Dallas (March 4, 2014, 8:42 PM EST) -- A Dallas jury’s more than $319 million verdict on Tuesday against Enterprise Products Partners LP for breaching an informal partnership agreement to develop a crude oil pipeline stunned the energy industry, and it could force oil and gas companies to use more caution in forming new deals, energy attorneys say.

After a monthlong trial, the jury found Enterprise had formed a partnership in 2011 with Energy Transfer Partners LP to build a nearly 500-mile crude oil pipeline from Cushing, Okla., to refineries near the Gulf of...
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