SmartBrief
0
Confirm favorite deletion?
Business Associations Keyed to Bainbridge
In re El Paso Pipeline Partners, L.P. Derivative Litigation
Citation:
2014 WL 2768782 (Del. Ch.)Facts
El Paso MLP is a Delaware limited partnership headquartered in Houston, Texas. It owns interests in companies that operate natural gas pipelines, liquid natural gas terminals, and storage facilities throughout the United States. In August 2007, El Paso Corporation formed El Paso MLP (master limited partnership) and contributed to El Paso MLP an initial set of MLP-qualifying assets. Consistent with the typical MLP structure, El Paso Parent indirectly owns 100% of defendant El Paso Pipeline GP Company, the general partner of El Paso MLP. On February 9, 2010, El Paso Parent offered to sell to El Paso MLP interests in Southern LNG and Elba Express for $1,053 billion. By 2010, when El Paso Parent proposed the drop-down, domestic discoveries of shale gas and improved techniques for its extraction had led to higher levels of domestic production and lower gas prices. As a result, the market for imported LNG had weakened.
Only StudyBuddy Pro offers the complete Case Brief Anatomy*
Access the most important case brief elements for optimal case understanding.
*Case Brief Anatomy includes: Brief Prologue, Complete Case Brief, Brief Epilogue
- The Brief Prologue provides necessary case brief introductory information and includes:
Topic:
Identifies the topic of law and where this case fits within your course outline.Parties:
Identifies the cast of characters involved in the case.Procedural Posture & History:
Shares the case history with how lower courts have ruled on the matter.Case Key Terms, Acts, Doctrines, etc.:
A case specific Legal Term Dictionary.Case Doctrines, Acts, Statutes, Amendments and Treatises:
Identifies and Defines Legal Authority used in this case.
- The Case Brief is the complete case summarized and authored in the traditional Law School I.R.A.C. format. The Pro case brief includes:
Brief Facts:
A Synopsis of the Facts of the case.Rule of Law:
Identifies the Legal Principle the Court used in deciding the case.Facts:
What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case.Issue(s):
Lists the Questions of Law that are raised by the Facts of the case.Holding:
Shares the Court's answer to the legal questions raised in the issue.Concurring / Dissenting Opinions:
Includes valuable concurring or dissenting opinions and their key points.Reasoning and Analysis:
Identifies the chain of argument(s) which led the judges to rule as they did.
- The Brief Prologue closes the case brief with important forward-looking discussion and includes:
Policy:
Identifies the Policy if any that has been established by the case.Court Direction:
Shares where the Court went from here for this case.
Topic Resources
5m 12sTopic Outline 
Topic Refresher Course 
Topic Charts & Notes 