UGI Sues Rockdale Investors Over “Brazen Scheme” to Break Pipe Contract

In September MDN broke the news that Rockdale Marcellus had filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the Western District of Pennsylvania (see NEPA Driller Rockdale Marcellus Files for Chapter 11 Bankruptcy). In October Rockdale filed a lawsuit to break its pipeline contract with UGI (see Rockdale Bankruptcy Gets Messier – Sues UGI to Break Pipe Contract). Last Friday UGI fired back, filing its own lawsuit against Rockdale's investors claiming their attempt to break the pipeline contract with UGI is a "brazen scheme" to acquire all the assets of Rockdale through a bankruptcy sale and either force UGI to grant them millions of dollars in concessions under the gathering agreement or, alternatively, eliminate the gathering agreement altogether so they can build their own pipeline.

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