2 unchanged sentences
While the ultimate results of these proceedings cannot be predicted with certainty, management believes these ordinary course matters will not have a material effect on our financial position, liquidity or operations.
−Removed: During 2019, we were also involved in the legal proceeding described below.
−Removed: In January 2013, we acquired a non-controlling 48.51% general partner interest in OCI Wyoming, L.P.
−Removed: ("OCI LP") and all of the preferred stock and a portion of the common stock of OCI Wyoming Co.
−Removed: ("OCI Co") (which in turn owned a 1% limited partner interest in OCI LP) from Anadarko Holding Company and its subsidiary, Big Island Trona Company (together, "Anadarko").
−Removed: The remaining general partner interest in OCI LP and common stock of OCI Co were owned by subsidiaries of OCI Chemical Corporation.
−Removed: The acquisition agreement provided for additional contingent consideration of up to $50 million to be paid by us if certain performance criteria were met at OCI LP as defined in the purchase and sale agreement in any of the years 2013, 2014 or 2015.
−Removed: For those years, we paid an aggregate of $11.5 million to Anadarko in full satisfaction of these contingent consideration payment obligations.
−Removed: In July 2013, pursuant to a series of transactions in connection with an initial public offering by a subsidiary of OCI Chemical Corporation, the ownership structure in OCI LP was simplified.
−Removed: In connection with such reorganization, we exchanged the stock of OCI Co for a limited partner interest in OCI LP.
−Removed: Following the reorganization, our interest in OCI LP remained at 49% , consisting of both limited and general partner interests.
−Removed: The restructuring did not have any impact on the operations, revenues, management or control of OCI LP.
−Removed: In July 2017, Anadarko filed a lawsuit against Opco and NRP Trona LLC in the District Court of Harris County, Texas, 157th Judicial District.
−Removed: The complaint alleged that the transactions conducted in 2013 triggered an acceleration of NRP's obligation under the purchase agreement with Anadarko to pay additional contingent consideration in full and demanded immediate payment of such amount, together with interest, court costs and attorneys’ fees.
−Removed: In November 2019, the trial court ruled in our favor in all respects, including that the internal restructuring that occurred did not trigger an acceleration of the contingent purchase price payment obligation under the purchase agreement with Anadarko.
−Removed: Accordingly, the trial court ordered that Anadarko take nothing.
−Removed: Anadarko did not appeal the trial court's ruling, and this case is concluded with no liability to us.
+Added: In November 2019, the District Court of Harris County, Texas, 157th Judicial District, issued a ruling in the contingent consideration payment dispute that Anadarko Holding Company and its subsidiary, Big Island Trona Company (together, "Anadarko") brought against us in July 2017.
+Added: The Trial Court ruled in our favor in all respects and ordered that Anadarko take nothing.
+Added: Anadarko did not appeal the trial court ruling, and accordingly this lawsuit was concluded in the first quarter of 2020 with no liability to us.
MINE SAFETY DISCLOSURES
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.