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LP Investors Fight Toss Of $700M Kinder Morgan Suit

Law360, Wilmington (August 10, 2017, 9:56 PM EDT) -- Pipeline company investors who lost a $100 million judgment when Delaware’s Supreme Court found that a merger barred their challenge to an allegedly overpriced deal urged the Chancery Court on Thursday to keep alive a follow-on suit contesting terms of the merger itself.

Former El Paso Pipeline Partners LP unitholder Peter R. Brinckerhoff said in an answer to a dismissal motion that Kinder Morgan Inc. “failed to compensate El Paso Partners public limited partners anything whatsoever” for three potential derivative lawsuits — said to be worth...
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