Texas Business Court to Rule on $432.7M Midstream Breach Claim Turning on Pass-Through Entity Damages Allocation

Energy Transfer subsidiary Lone Star NGL seeks $432.7 million from Blackstone-backed Eagle Claw Midstream for allegedly breaching Y-grade gas delivery agreements by diverting volumes to Targa's Grand Prix pipeline in exchange for ownership interests. The Texas Business Court bench trial concluded June 2, 2026, with defendants contending plaintiff's corporate structure limits recoverable damages to $3.97 million—less than 1% of the claimed amount.