Texas Partnership Ruling Lets Midstream Cos. Breathe Easier

By Jess Krochtengel (July 20, 2017, 9:52 PM EDT) -- When it wiped out a $535 million judgment in a closely watched pipeline partnership dispute, a Texas appellate court this week reassured a shaken midstream energy sector its companies can rely on the steps they take to disclaim creating a partnership, experts say.

A Fifth Court of Appeals panel reversed Energy Transfer Partners' blockbuster win against Enterprise Products Partners LP on the grounds the parties' written agreements related to marketing a potential crude oil pipeline included "conditions precedent" that were not met and were not waived, precluding the formation of a partnership.

A jury in 2014 had found ETP and Enterprise's...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!