In Re El Paso

CONCLUDED

Hearing
02/09/12 – 02/09/12

Summary

In this mergers and acquisition litigation hearing, plaintiff El Paso Corporation Shareholder were seeking a preliminary injunction to enjoin a merger between El Paso Corporation and Kinder Morgan, Inc. The plaintiff’s counsel claimed when El Paso’s CEO was supposed to be getting the maximum price from Kinder Morgan, he actually had an interest in not doing that and that this undisclosed conflict of interest compounded the reality that the Board and management of El Paso relied in part on advice given by a financial advisor, Goldman, Sachs & Co., which owned 19% of Kinder Morgan (a $4 billion investment) and controlled two Kinder Morgan board seats.

The plaintiffs were represented by attorney Mark Lebovitch. The defendant in this case, El Paso Corporation was represented by attorney Paul Rowe.

Sessions

Recording Disclaimer: This proceeding was recorded in full.

Suggest a Trial

Want to see a trial that you don't see in our list of upcoming trials?

Suggest a Case

CVN Essentials

The most important and informative moments of each trial

CVN Essentials

Video Library

Unlimited access to thousands of hours of past coverage of high stakes civil litigation

Video Library

  • Follow Us
  • Contact Us
  • 4901 Olde Towne Parkway
  • Suite 100
  • Marietta, GA 30068
  • 877-834-8627
  • 404-935-0321

Copyright 2024 Courtroom Connect.