Ellis v. OTLP GP, LLC, C.A. No. 10495-VCN (Del. Ch. Jan. 30, 2015)

February 1, 2015

The firm, together with Andrews Kurth LLP, represented Enterprise Products Partners L.P., in litigation arising out of its $6 billion acquisition of Oiltanking Partners LP.  The firm and Andrews Kurth convinced the Court of Chancery to deny expedition of a purported class action asserting various claims, including for breach of the governing limited partnership agreement, on the grounds that the claims were not colorable.  Shortly afterwards, the plaintiff voluntarily dismissed the action.

Read the Opposition to Plaintiffs' Motion to Expedite filed by the firm.  

Read the Opinion.