I have to admit I had been waiting for this shoe (i.e. who owns the 50% of MMP that PTSC doesn't own?) to drop.
However, I don't think Chuck Moore is necessarily challenging TPL's right to monetize the MMP for him, so which prevails in the ITC and other situations?
Is ownership of the 'property' (MMP) per se the key factor under the law, or is it the assigned (and undisputed?) right to market and monetize the MMP?
Ron?