DIECKMAN v. REGENCY GP LP

No. 208, 2016.

155 A.3d 358 (2017)

Adrian DIECKMAN, on behalf of himself and all others similarly situated, Plaintiff Below, Appellant, v. REGENCY GP LP, Regency GP LLC, Energy Transfer Equity, L.P., Energy Transfer Partners, L.P., Energy Transfer Partners, GP, L.P., Michael J. Bradley, James W. Bryant, Rodney L. Gray, John W. McReynolds, Matthew S. Ramsey and Richard Brannon, Defendants Below, Appellees.

Supreme Court of Delaware.

Decided: January 20, 2017.


Attorney(s) appearing for the Case

Stuart M. Grant, Esquire (argued) and James J. Sabella, Esquire , Grant & Eisenhofer P.A., Wilmington, Delaware; Mark Lebovitch, Esquire , Jeroen van Kwawegen, Esquire and Alla Zayenchik, Esquire , Bernstein Litowitz Berger & Grossman LLP, New York, New York; Mark C. Gardy, Esquire and James S. Notis, Esquire , Gardy & Notis, LLP, New York, New York, for Plaintiff, Appellant, Adrian Dieckman.

Rolin P. Bissell, Esquire and Tammy L. Mercer, Esquire , Young Conaway Stargatt & Taylor, LLP, Wilmington, Delaware; Michael Holmes, Esquire (argued), Manuel Berrelez, Esquire and Craig Zieminski, Esquire , Vinson & Elkins LLP, Dallas, Texas for Defendants, Appellees, Regency GP LP, Regency GP LLC, Energy Transfer Equity, L.P., Energy Transfer Partners, L.P., Energy Transfer Partners, GP, L.P., Michael J. Bradley, Rodney L. Gray, John W. McReynolds and Matthew S. Ramsey.

David J. Teklits, Esquire and D. McKinley Measley, Esquire , Morris, Nichols, Arsht & Tunnell LLP, Wilmington, Delaware; M. Scott Barnard, Esquire , Michelle A. Reed, Esquire and Matthew V. Lloyd, Esquire , Akin Gump Strauss Hauer & Feld LLP, Dallas, Texas for Defendants, Appellees, James W. Bryant and Richard Brannon.

Before STRINE, Chief Justice; HOLLAND, VALIHURA, VAUGHN, and SEITZ, Justices, constituting the Court en Banc.


In this appeal, we again wade into the details of a master limited partnership agreement to decide whether the complaint's allegations can overcome the general partner's use of conflict resolution safe harbors to dismiss the case. The parties are identified by a host of confusing abbreviations...

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