El Paso Pipeline GP Company, L.L.C. v. Brinckerhoff, No. 103, 2016 (Del. 2016)

Our firm, together with Weil, Gotshal & Manges LLP, was retained post-trial and successfully represented affiliates of Kinder Morgan, Inc. in an appeal from a post-trial decision by the Delaware Court of Chancery that held the defendant liable to unaffiliated master limited partnership investors for $171 million.  On appeal, the Delaware Supreme Court held that the claims were owned by the partnership entity, and that as a result the plaintiff had lost standing following the partnership’s acquisition by Kinder Morgan.  Accordingly, the Supreme Court reversed the $171 million judgment in its entirety.