<I still think much hinges on the outcome of the Moore v TPL situation.>

If Moore/TPL arbitration gave at least 25% ownership of the MMP to Moore, then Leckrone/TPL no longer has control, as dissolution would be a threat. This part of the master agreement looms large, IMHO.

<8.1 Dissolution. The Company shall be dissolved, its assets shall be disposed of, and its affairs wound up on the first to occur of the following:

(a) The written agreement of Members holding at least 75% of the Percentage Interests to dissolve the Company; or

(b) The entry of a decree of judicial dissolution under Section 18-802 of the Act.

Except for the foregoing, the Company shall not dissolve on the occurrence of any other event.

Opty