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Pipeline Co. Warns Del. Justices Of Flaw In Chancery Ruling

By Jeff Montgomery and Rick Archer ( July 22, 2020, 4:44 PM EDT) -- The Williams Cos. told Delaware's Supreme Court on Wednesday that despite its win in a Chancery Court suit blocking EnCap Flatrock Midstream from spearheading a $750 million initial public offering for a shared pipeline interest, an alternative IPO approach floated in the lower court decision could render the pipeline company's contractual protections "meaningless."...

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