Can businesses get “divorced”?
Sometimes it’s helpful to shift perspective and think about divorce, child custody, and family law in new ways. Consider, for instance, the recent star-crossed collapse of a so-called “love triangle” among three major oil and gas companies – Enbridge, Enterprise Products, and Energy Transfer Partners. Allegedly Enterprise and ETP had “gotten together” in 2011 to create a pipeline and move oil from Oklahoma to Houston, Texas. Then Enbridge got involved, and the situation simmered and then exploded like a Shakespearean drama.
ETP allegedly suffered damages in excess of $1.3 billion, as a result of alleged “cheating.” Lawyers representing that company framed the conversation in terms of a messy divorce: “This was intentional betrayal by Enterprise… This was coldblooded. They kicked us out like we were dogs.”
Meanwhile, a lawyer for Enbridge echoed the theme: “It’s not a marriage…They will never love each other.”
We live in a world where corporations can betray and cheat on each other, just like people can do. What does this say about our society? What can you learn about your own divorce by considering the split in a broader context?
One interesting lesson, perhaps, is that “love triangles” are more universal phenomena than most people realize. We all know that human beings can get sucked into love triangles. But , apparently, so can corporations. Love triangles may just be an organic byproduct of any system that encourages the formation and sanctioning of partnerships.
This isn’t to excuse anyone’s acts of infidelity, of course!
For help understanding your divorce and obtaining justice and a fair result, connect with the team here at the Toussaint Law Firm today for a free consultation.