Overview

• TC Energy plans to appeal a Delaware court's decision requiring it to pay $199 million in damages.
• The lawsuit involves allegations that former Columbia Pipeline executives breached fiduciary duties.
• TC Energy argues that the court made significant errors in fact and law.
• The company's share of the damages includes $179.5 million in pre- and post-judgment interest.
• The appeal process is expected to continue through 2024, concluding by mid-2025.