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This makes these assets a bit lumpy in financialmodels because the total capacity can stay the same for years but suddenly jump up when an expansion is completed. However, MLPs have become less popular since the 2017 tax reform, and many Midstream companies have converted to C-Corporations and now pay corporate taxes.
In a string of seminal decisions from 2017 through 2019 ( DFC Global , Dell and Aruba ), the Delaware Supreme Court re-shaped appraisal jurisprudence, in each case by overturning the Court of Chancery for failing to give adequate weight to deal price as the most reliable indicator of fair value. took private in 2017 for $315/share.
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