WebDec 30, 2024 · Energy Transfer LP must pay a $410 million breakup fee to Williams Cos. Inc. for pulling out of the pipeline operators' $33 billion merger in 2016, a Delaware judge … WebDec 30, 2024 · $410 million for abandoning their $33 billion merger, one of the largest transactions to fall victim to sinking oil prices.In a 95-page decision on Wednesday, Vice Chancellor Sam Glasscock of Delaware Chancery Court said Energy Transfer owed the breakup fee for breaching the September 2015 merger agreement by issuing preferred …
Energy Transfer Must Pay $410MM for Scrapped Merger Rigzone
WebDec 30, 2024 · Energy Transfer said it was "extremely disappointed" in the decision and is evaluating its legal options. WebAug 25, 2024 · Energy Transfer LP must cover $75 million in legal fees for the Williams Cos. attorneys who won a $410 million breakup fee over the collapse of a $33 billion … ryan foret music
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
WebJan 3, 2024 · Dallas-based oil pipeline giant Energy Transfer LP must pay $410 million for scuttling a $33 billion merger with rival Williams Cos. over a tax flaw in the deal, a judge … WebAug 29, 2024 · The basis for Williams’ motion was its victory against Energy Transfer, LP (“ETE”) in a dispute over a contractual termination fee reimbursement following the parties’ unconsummated $37.7 billion … WebDec 30, 2024 · A Delaware judge ordered oil pipeline operator Energy Transfer LP to pay rival Williams Cos $410 million for abandoning their $33 billion merger, one of the largest transactions to fall victim to ... is dream and techno friends