Valero, Calif. AG Settle Row Over Energy Terminal Deal
Law360, New York (October 12, 2017, 6:20 PM EDT) -- Valero won't buy two Bay Area petroleum storage terminals for at least a decade without first going through the state of California, according to an agreement signed by a California federal judge on Thursday that ends litigation brought against the oil giant by the state.
U.S. District Judge William Alsup approved the agreement, which comes after he denied requests from the state for a preliminary injunction and a temporary restraining order aimed at halting Valero Energy Partners LP's purchase of the terminals — Martinez and Richmond — from Plains All American Pipeline LP.
California Attorney General Xavier Becerra argued that providing Valero...
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!