Dallas Court of Appeals Reverses $37.8 Million Award in Permian Basin Crude Oil Transportation Dispute Over WTL Service and Suezmax Vessel Access

The Dallas Court of Appeals reversed a $37.8 million judgment against Medallion Pipeline Company in a dispute over subleased EPIC Crude Pipeline capacity, where ARM Energy Management claimed breach for refusing to transport West Texas Light crude oil and failing to provide terminal facilities capable of accommodating Suezmax vessels with one million barrel capacity. The appellate court rendered judgment that ARM take nothing on its breach of contract claims and remanded Medallion's counterclaim for ARM's failure to maintain credit support and ship-or-pay obligations.