Magellan resolves crude oil monopolization litigation
Client(s) Magellan Midstream Partners LP
Jones Day's client Magellan Midstream Partners successfully defended a Texas state court monopolization action brought by a crude oil transportation and storage provider rival in Texas, which alleged that Magellan, a subsidiary of ONEOK, unlawfully maintained a monopoly in transportation and storage markets by excluding the rival from Magellan's pipeline distribution system in Houston.
Converge Midstream Partners LLC v. Magellan Crude Oil Pipeline Co., No. 2022-26294 (Dist. Tex., Harris Cty.)