Tuesday, February 11, 2020

Sunday, August 19, 2018

Pipeline Group Awarded $1 Billion in SFSP Lawsuit

Posted on August 19, 2018by with No comments

Pipeline Group Awarded $1 Billion in SFSP Lawsuit

March 11, 1989|From Reuters
    HOUSTON
— The ETSI Pipeline Project, a consortium led by Texas Eastern Corp., said Friday that a court had awarded it more than $1 billion in a lawsuit it brought against Santa Fe Southern Pacific Corp. charging that the railroad tried to stop a $3-billion coal slurry pipeline.

The ETSI consortium, which includes the Bechtel Group, Enron Corp. and KN Energy Inc., said a Texas state court issued a verdict last week saying that Santa Fe conspired with other railroads to delay, hinder or stop the proposed 1,700-mile project. Santa Fe operates the Santa Fe Railway.

The jury awarded $345 million in actual damages, which will be automatically trebled to $1.035 billion in punitive damages under antitrust laws. After subtracting $285 million received from other defendants, Santa Fe will have to pay $750 million if the award is upheld.
Competition Fought
The pipeline was designed to transport coal slurry from Wyoming to Texas and Oklahoma utilities.
Railroads have been fighting competition from coal slurry systems, which mix water and coal for transmission through pipelines usually to electric power plants. Because the railroads have a near-monopoly in transporting much of the nation's coal, their rates are often well above the cost of the coal itself.
In Chicago, Santa Fe Southern said it intends to appeal the verdict. "The company believes there are significant issues on which to base post-trial motions to set aside the verdict," it said.
The jury ruled in favor of Santa Fe in claims brought by Houston Lighting & Power Co., a potential customer of the pipeline.
The other defendants in the case are the Union Pacific, the Chicago Northwestern, the Burlington Northern and the Kansas City Southern railroads.

Friday, May 25, 2018

Bloomberg:Santa Fe Pacific Pipeline Partners, L.P.

Posted on May 25, 2018by with No comments


Energy Equipment and Services

Company Overview of Santa Fe Pacific Pipeline Partners, L.P.

Company Overview

Santa Fe Pacific Pipeline Partners, L.P. engages in transportation of refined petroleum products and terminal services. It owns and operates petroleum products pipelines. The company was incorporated in 1988 and is based in Los Angeles, California. As of March 6, 1998, Santa Fe Pacific Pipeline Partners, L.P. operates as a subsidiary of Kinder Morgan Energy Partners, L.P.
888 South Figueroa Street
Los Angeles, CA 90017
United States
Founded in 1988
435 Employees
Phone:
213-614-1095

Key Executives For Santa Fe Pacific Pipeline Partners, L.P.

Chief Financial Officer, Senior Vice President, and Director
Age: 70
SVP - Operations and Engineering - Santa Fe Pacific Pipelines Inc. - General Partner
Age: 74
Director
Age: 74
Vice President - General Counsel
Age: 71
Controller and Secretary of the General Partner
Age: 63

AB Acquisition LLC: Robert L. Edwards

Posted on May 25, 2018by with No comments

Executive Profile

Robert L. Edwards

Vice Chairman, AB Acquisition LLC
AgeTotal Calculated CompensationThis person is connected to 4 Board Members in 4 organization across 11 different industries.

See Board Relationships
61--

Background

Mr. Robert L. Edwards has been an Independent Director of Target Corporation since August 12, 2015. He served as President & Chief Executive Officer of AB Acquisition LLC from January 2015 to April 2015. He served as Chief Executive Officer and President of Albertsons Companies, Inc. Mr. Edwards served as the Chief Executive Officer and President of Safeway Inc. from May 2013 to January 2015 and April 2012 to January 2015 respectively. He served as the Chief Financial Officer and Executive Vice President of Genuardi's Family Markets, Inc. He served as the Chief Financial Officer at Safeway Inc. from March 2004 to February 2013 and its Executive Vice President from March 2004 to April 2012. He served as the Executive Vice President and Chief Financial Officer of Maxtor Corporation from July 29, 2003 to March 23, 2004 and served as its Principal Accounting Officer until March 23, 2004. He has been Vice Chairman of Albertsons, LLC since April 9, 2015. Mr. Edwards served as the Senior Vice President, Chief Financial Officer and Chief Administrative Officer of Imation Corp. from 1998 to August 2003. He served as Senior Vice President of Strategy, Planning of Imation Corp. from 1998 to 1999. He joined Imation Corp. in April 1998 after 20 years of experience in the transportation and energy industries with Santa Fe Pacific Corporation and affiliated or predecessor companies. He served as Senior Vice President of Business Development, Treasurer and Chief Financial Officer of Santa Fe Pacific Pipelines, Inc. from December 1991 to January 1995. Mr. Edwards served as Senior Vice President of Business Development and Planning at Santa Fe Pacific Pipelines, Inc., the General Partner of Santa Fe Pacific Pipeline Partners LP from January 1995 to 1998. He held various senior management positions with Santa Fe Pacific Corporation and its subsidiaries from 1985 to 1994. Mr. Edwards has been a Director of Blackhawk Network Holdings, Inc. since July 2008; TalentSky, Inc. since July 2015 and Casa Ley since March 2004. He served as an Independent Director of KKR Financial Holdings LLC since November 3, 2011. He served as a Director of Spansion Inc., from December 19, 2006 to October 24, 2008; Flextronics International Ltd., from October 13, 2008 to October 31, 2012; Safeway Inc. since May 2013; Apogee Enterprises Inc. from 2003 to October 11, 2004 and Blackhawk Network Holdings, Inc. from January 2006 to August 2007. He served as a Director at Santa Fe Pacific Pipelines, Inc., the General Partner of Santa Fe Pacific Pipeline Partners LP since January 1995. He also served as Director of SFP Pipeline Holdings, Inc. Mr. Edwards holds a Bachelor's Degree in Accounting and an MBA from Brigham Young University.

Corporate Headquarters

250 Parkcenter Boulevard
Boise, Idaho 83706

United States
Phone: 208-395-6200
Fax: --

Board Members Memberships

2008-Present
Director
2013-Present
Director
2015-Present
Independent Director
2015-Present
Director

Education

Bachelor's Degree
Brigham Young University
MBA
Brigham Young University

Other Affiliations

Annual Compensation

There is no Annual Compensation data available.

Stocks Options

There is no Stock Options data available.

Total Compensation

There is no Total Compensation data available.

Friday, May 18, 2018

Peter J. La Valle Obituary

Posted on May 18, 2018by with No comments

Peter La Valle

Obituary Condolences

PETER "PETE" JOSEPH LA VALLE, 78, of Bayou Vista, passed away Saturday, November 26, 2005 at his residence. A Memorial Mass will be celebrated 10:00 a. m. Tuesday, November 29, 2005 at St. Mary of the Miraculous Medal (St. Mary's Catholic Church) on the corner of Third Avenue North and Eighth Street in Texas City. A Vigil Service will be held at 7:00 p.m. Monday, November 28, 2005 at Emken-Linton Funeral Home, 5100 Emmett F. Lowry Expressway, Texas City, Texas. Mr. La Valle was born November 24, 1927 in New York. He is survived by his best friend and wife of 28 years, Sidney La Valle: his children, Stacey Marshall, Reagan Marshall and wife, Mary, Elizabeth Duhon, Jennifer Hanin and husband, Adam, Paul La Valle, Peter La Valle and wife Lois; four grandchildren; his sister, Phylis Hiller; brother-in-law, Jim Shumberg; sister-in-law, Judy Shumberg; numerous nieces and nephews. Pete leaves behind his fun "poker buddies". Special thanks to Hugh Landrum, Pete's friend of over 50 years. The family wished to extend a special thanks to all at St. Lukes Hospital, his doctors and friend Greg Poulin, you all served Pete well. Donations can be made to Amed Community Hospice 8901 E.F. Lowry Expressway Suite B, Texas City, Texas 77591.
Published in Houston Chronicle on Nov. 27, 2005

Tuesday, May 15, 2018

Wednesday, May 9, 2018

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