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LONGHORN PARTNERS PIPELINE v. KM LIQUIDS TERMINALS

No. 09-03182.

408 B.R. 90 (2009)

LONGHORN PARTNERS PIPELINE L.P. and Longhorn Partners GP, L.L.C., Plaintiffs v. KM LIQUIDS TERMINALS, L.L.C., Defendant.

United States Bankruptcy Court, S.D. Texas, Houston Division.

June 30, 2009.

Attorney(s) appearing for the Case

Adam Paul, Barack Echols, Joseph M. Russell, Kirkland and Ellis LLP, Chicago, IL, Shannon Harrison Ratliff, Ratliff Law Firm PLLC, Austin, TX, for Plaintiffs.

Gregg Charles Laswell, Hicks Thomas LLP, Houston, TX, for Defendant.

MEMORANDUM OPINION

MARVIN ISGUR, Bankruptcy Judge.

Background

Plaintiffs Longhorn Partners Pipeline, L.P. and Longhorn Partners GP, L.L.C. ("Longhorn") filed chapter 11 bankruptcy petitions in Delaware on December 22, 2008.1 Longhorn owns a pipeline that transports commodities to storage facilities located in Houston, Texas. Longhorn contracted with GATX Terminals Corporation to provide storage terminals for...

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