Delaware judge hits El Paso pipeline deal with $171 mln judgment

April 20, 2015 8:09 PM

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April 20 (Reuters) - A Delaware judge found an affiliate of El Paso Corp liable for $171 million for overpaying in a pipeline deal, a ruling that could bolster the legal power of investors in an increasingly popular investment vehicle used in the energy sector.

The judgment is one of the largest from the Delaware Court of Chancery, which is among the country's busiest venues for investor lawsuits.

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