Re: If TPL loss to Moore

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optymystic

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Re: If TPL loss to Moore

in response to

If TPL loss to Moore

TL54006

posted on Dec 14, 2012 11:18AM

<TPL loses its right to contract MMP.>

I do not believe that TPL lost its right to license the MMP. I believe TPL surrendered that right to PDS as a result of the Brown v TPL litigation. This had to do with the bench trial determination of how "gross proceeds" were to be defined as it related to Brown's 3.5 % of MMP "gross proceeds" TPL is oblidged to pay.