Re: From the Master Agreement... PDS can be sold...Stillpoint
in response to
by
posted on
Nov 02, 2007 06:00PM
IMO, it doesn't really matter. PDS is jointly owned by TPL and PTSC. Their books are open, and accounting principles must be adhered to. PDS is just a money funnel and keeper of the jewels (rights to the MMP). As a Corporate (LLC) entitiy, they have to have a (minimal) BoD, which I doubt really does anything.
JMHO,
SGE