Loews Corporation Comments on Delaware Supreme Court's Ruling
Loews Corporation (L)
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Source: PR Newswire
NEW YORK, Dec. 11, 2025 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that the Delaware Supreme Court issued a ruling in the litigation relating to its 2018 acquisition of the minority limited partner interests in its Boardwalk Pipelines subsidiary. The Supreme Court found that there was a breach in connection with the underlying partnership agreement and remanded the issue of whether Loews was liable for tortious interference back to the Delaware Court of Chancery. The Supreme Court resolved all of the other remaining claims in Loews's favor."It goes without saying that we believe that the process we undertook in 2018 to purchase the minority units in Boardwalk Pipelines was appropriate. We are deeply frustrated that this litigation, which has already lasted more than seven years, will continue," said Ben Tisch, President and CEO of Loews Corporation.As a reminder, in November 2021 the Delaware Court of Chancery awarded the former minority unitholders in Boardwalk Pipel
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News
- Loews Corporation Comments on Delaware Supreme Court's Ruling [Yahoo! Finance]Yahoo! Finance
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Sec Filings
- 12/12/25 - Form 4
- 12/11/25 - Form 144
- 12/8/25 - Form 4
- L's page on the SEC website