Archive for the ‘Fifth Amendment’ Category

The Speaker Gets to do What he Wants to do,’ Michael Madigan is Heard Saying at Secretly Recorded Leadership Meeting – NBC Chicago

A close, longtime staffer for former Illinois House SpeakerMichael J. Madigantook the stand in theComEdbribery trial Thursday, testifying under immunity about secretly recorded 2018 discussions about House leadership in which a longtime Madigan confidant participated.

Will Cousineau, who served as the speakers issues director and as political director of the Democratic Party of Illinois, is the closest person to Madigan that jurors have heard from so far.

Cousineau took the stand 50 minutes before the trial broke for lunch. He said he considered his rank in Madigans world to be just below the likes of Madigan confidant Michael McClain, former Madigan chief of staff Tim Mapes and onetime Madigan spokesman Steve Brown.

Cousineau told jurors he received an immunity letter from the U.S. Attorneys office at the request of his lawyers, Michael Del Galdo and Sean Sullivan. Such a letter would typically prevent a witness from invoking the Fifth Amendment on the witness stand.

Del Galdo has longtime ties to Madigans political operation.

The testimony came during the federal trial of McClain and three other former political power players: Former ComEd CEO Anne Pramaggiore, ex-ComEd lobbyist John Hooker, and onetime City Club President Jay Doherty.

The four are accused of trying to bribe Madigan by landing his associates money, jobs and contracts in order to sway the then-powerful speaker while legislation crucial to ComEd moved through the statehouse.

Critical to the case is whether McClain acted as an agent of Madigan and passed along his demands, as well as Madigans ability to kill legislation in the House in a variety of ways.

During the first 50 minutes of Cousineaus testimony, jurors heard snippets from a secretly recorded Dec. 9, 2018 conversation. Madigan discussed, with members of his staff, leadership assignments ahead of the new Illinois General Assembly that would be sworn into office in January 2019.

Madigan told the group that in the case of the majority leader, I view that as my appointment. I have no compunction about saying that to anyone who wants to listen to me.

He explained that the majority leader plays a key role in House operations.

I understand we have a lot of people walking around trying to find things to complain about, and every once in a while, the speaker gets to do what he wants to do, Madigan said. Every once in a while.

McClain, a longtime ComEd lobbyist, had formally retired as a lobbyist two years earlier. But jurors have heard tape of McClain complaining in 2018 about performing assignments for the speaker following that retirement.

McClain was never a member of the speakers staff. Still, McClain was on the Dec. 9, 2018 phone call and spoke up with suggestions for the speaker. He suggested the speaker develop committees with strong chairs who could withstand political attacks.

You dont have to kill a bill or amendment in rules, McClain said.

The reference was to the House rules committee where bills often died if they werent assigned out.

Rather, McClain said Madigan could find committee chairs strong enough to put bills in a working subcommittee.

Cousineau explained to jurors that a bill could be parked in such a subcommittee and ultimately die.

Madigan told his team that our function for the next several weeks is to think on this stuff, exchange ideas as weve done today, and the goal is to make as many people as happy as possible.

Another former Madigan staffer whom Cousineau ranked above himself Mapes also received immunity to testify before the grand jury that had been investigating Madigan.

Mapes appeared before the grand jury on March 31, 2021 but allegedly gave false answers. Hes since been charged with perjury and attempted obstruction of justice. His trial is set for Aug. 7.

U.S. District Chief Judge Rebecca Pallmeyer issued an order granting Mapes immunity, meaning he was not excused from testifying on the grounds that he might incriminate himself, according to Mapes indictment.

Madigan faces a separate racketeering indictment, and his trial is set for April 2024.

Contributing: WBEZ political reporter Dave McKinney

Read the original post:
The Speaker Gets to do What he Wants to do,' Michael Madigan is Heard Saying at Secretly Recorded Leadership Meeting - NBC Chicago

Letter to the editor: Rent control is government intrusion – Press Herald

One result of the American Revolution was the strengthening of personal property rights. The Fifth Amendment of our Constitution outlines and defines this belief. It sets limits concerning government intrusion.

One result of the use of government eminent domain powers has come to be known as taking. Government taking has manifested in two forms: 1) a land grab, or 2) the imposition of weighty government regulations. In theory, the government must reimburse the property owner the fair market value for most seizures.

New York City lawyer Adam Bailey said in 2012: When looking at rent stabilization from a constitutional point of view, two facts clearly emerge. First, it is clearly unconstitutional. Second, no judge subject to reelection or reappointment is going to agree with the first point. Thus, if anyone seeks to bring suit to establish the undeniable fact that rent stabilization cannot pretend to be constitutional, it will have to be to a federal district court.

In a 1922 opinion, Supreme Court Justice Oliver Wendell Holmes said: The general rule is that while property may be regulated to a certain extent, if regulation goes too far, it will be recognized as a taking. In general it is not plain that a mans misfortunes or necessities will justify his shifting the damages to his neighbors shoulders. We are in danger of forgetting that a strong public desire to improve the public condition is not enough to warrant achieving the desire by a shorter cut than the constitutional way of paying for the change.

Timothy RobinsonPortland

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Letter to the editor: Rent control is government intrusion - Press Herald

1 year after FreeFall tragedy: Where the criminal investigation stands – WESH 2 Orlando

As of March 2023, no one has been arrested yet for Tyre Sampsons death. But if they are, they could be looking at very serious charges. The FreeFall is gone and the State of Florida has fined the owner $250,000.But from the beginning, a lot of people have wondered if anyone would be arrested.Our WESH 2 legal analyst David Haas says the most serious charges could include involuntary manslaughter.Related: Orlando Eagle Drop Slingshot reaches settlement with state after 14-year-old falls from ride"When you talk about who could be charged with that, you're talking about operators, the owners," he said. The State Agriculture Department first investigated, then left the possibility of criminal charges to the Orange County Sheriff's Office, which tells WESH 2 its work is not done."No determinations have been made about criminal charges at this time, especially when theres a death, youre looking for an intentional act, some sort of willfulness. In this case, its sort of the opposite of that. Its recklessness that caused a death," Haas said. Related: Florida officials to levy hefty fines against Slingshot Group in teen's Free Fall deathWorkers at the FreeFall were apparently worried about it. The Agriculture Departments report says maintenance workers they interviewed pled the Fifth Amendment to protect against self-incrimination.Haas says prosecutors will look at the changes to the safety harnesses and why Sampson was allowed on when he weighed more than the ride's recommended limit. "Wanton disregard, basically. It's like whatever happens, happens. And that's where I think if there will be substance to any sort of charge if that happens," Haas said.There have been other cases like this. The owner of Kansas City water park Schlitterbahn was arrested for murder after a child was killed on a slide in 2016. But a judge later dismissed that case.Authorities haven't said anything about whether they're focusing on the workers who physically operated the ride or the FreeFall's owners.

As of March 2023, no one has been arrested yet for Tyre Sampsons death. But if they are, they could be looking at very serious charges.

The FreeFall is gone and the State of Florida has fined the owner $250,000.

But from the beginning, a lot of people have wondered if anyone would be arrested.

Our WESH 2 legal analyst David Haas says the most serious charges could include involuntary manslaughter.

Related: Orlando Eagle Drop Slingshot reaches settlement with state after 14-year-old falls from ride

"When you talk about who could be charged with that, you're talking about operators, the owners," he said.

The State Agriculture Department first investigated, then left the possibility of criminal charges to the Orange County Sheriff's Office, which tells WESH 2 its work is not done.

"No determinations have been made about criminal charges at this time, especially when theres a death, youre looking for an intentional act, some sort of willfulness. In this case, its sort of the opposite of that. Its recklessness that caused a death," Haas said.

Related: Florida officials to levy hefty fines against Slingshot Group in teen's Free Fall death

Workers at the FreeFall were apparently worried about it.

The Agriculture Departments report says maintenance workers they interviewed pled the Fifth Amendment to protect against self-incrimination.

Haas says prosecutors will look at the changes to the safety harnesses and why Sampson was allowed on when he weighed more than the ride's recommended limit.

"Wanton disregard, basically. It's like whatever happens, happens. And that's where I think if there will be substance to any sort of charge if that happens," Haas said.

There have been other cases like this.

The owner of Kansas City water park Schlitterbahn was arrested for murder after a child was killed on a slide in 2016. But a judge later dismissed that case.

Authorities haven't said anything about whether they're focusing on the workers who physically operated the ride or the FreeFall's owners.

Originally posted here:
1 year after FreeFall tragedy: Where the criminal investigation stands - WESH 2 Orlando

Lange Refuses to Stop Demolition of Strizheus House, But Says City … – Dakota Free Press

Judge Roberto Lange issued his ruling in the Strizheus mansion case yesterday.

Quick review: tax cheat and convicted thiefVitaliy Strizheus has been building a second home in south Sioux Falls for nearly a decade. Last year, the South Dakota Supreme Court said the city could demolish the unfinished house for violation of city building ordinances. Strizheus filed a poorly written federal lawsuit last month as a last-ditch effort to preserve his project.

KELO-TV andThe Dakota Scout offer conflicting reports on Judge Langes ruling yesterday. KELOs Darcy Anderson makes it sound like Strizheus won:

A judge has ruled that a Sioux Falls mansion should stay standing.

Monday, the Honorable Judge Lange noted that razing the home would be wasteful, unfortunate, and somewhat irrational [Darcy Anderson, Judge: Sioux Falls Mansion Shouldnt Be Demolished, KELO-TV, 2023.03.27].

Anderson appears to have read the first two sentences of Langes ruling:

Plaintiffs Vitaliy and Nataliya Strizheus (collectively Plaintiffs) seek a preliminary injunction to prevent Defendant the City of Sioux Falls (the City) from enforcing a final state court judgment permitting the razing of Plaintiffs partially constructed mansion because of past violations of the Citys code. Razing of the home would be an incredibly wasteful, unfortunate, and somewhat irrational undertaking [Judge Roberto Lange, Opinion and Order Denying Motion for Preliminary Injunction, Strizheus v. City of Sioux Falls, 2023.03.27].

and neither the heading of the rulingOpinion and OrderDenying Motion for Preliminary Injunctionnor the subsequent reasoning and thrust of Langes 29-page opinion, in which Judge Lange rules that the federal court has no authority to enjoin the citys enforcement of its building codes as authorized by the South Dakota Supreme Court. Jonathan Ellis and Joe Sneve did read further and more accurately report Judge Langes ruling as a loss for Strizheus:

A federal judge ruled Monday night that he does not have the legal authority to stop the city of Sioux Falls from razing a nearly completed mansion that has been under construction for nearly a decade.

But the decision also came with a warning from Judge Roberto Lange: Should the city move forward with destroying the home, Sioux Falls taxpayers could be liable for claims of excessive fines and a government taking. The home has an estimated value of $2.75 million [Jonathan Ellis and Joe Sneve, Federal Judge Wont Stop Mansion from Being Razed, But City Warned It Could Get Sued, The Dakota Scout, 2023.03.27].

Judge Lange dismissed the claim Strizheus and his wife make that the city is discriminating against them because they are Ukrainian, noting that the plaintiffs offered no credible evidence to that effect. Judge Lange also relied heavily on the Rooker-Feldman doctrine, which states that litigants who lose in state court cant relitigate their failed claims in federal court. Judge Lange also endorses the citys claim of res judicata:the plaintiffs had their chance to make their arguments in state court; they cant bring new arguments on the same claims to the federal court to reverse the results of their fair trial at the state level.

Judge Lange does say the plaintiffs may have an unjustified-takings case under the Fifth Amendment once the city rolls the bulldozers, but the prospect of winning compensation from the city after that grim prospect does not allow the federal court to stop that taking now.

Judge Lange does note that the unfinished house is no longer an eyesore, as the exterior is done. But he also notes that the public has a strong interest in having building codes and regulations function properly. While the destruction of the unfinished house would seem to be an incredible waste at this point, Judge Lange says This Court must follow precedent and does not have the authority to impose on the parties a more rational result than razing of the home follow by likely more litigation. Such litigation seems likely, as Strizheus evidently finds it easier to pay lawyers than contractors, but Judge Lange does not say that Strizheus will have a slam-dunk case for winning compensation from the City of Sioux Falls.

p.s.: Not that this point bears on the legal questions in this case, but Langes ruling notes that, for all of Strizheuss professed online-entrepreneurial brilliance, he couldnt banks to back his project:

In 2013, Plaintiffs bought lots at 6800 South Westfield in southern Sioux Falls, intending to build a 10,000 square foot, custom-made dream mansion on the lots. Plaintiffs were denied the construction loan they sought and instead decided to self-finance construction [Lange, 2023.03.27, p. 3].

People paying Strizheus to share his secrets for getting rich may want to consider his record.

See the rest here:
Lange Refuses to Stop Demolition of Strizheus House, But Says City ... - Dakota Free Press

Form 10-K Evolve Transition Infras For: Dec 31 – StreetInsider.com

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________________________

Form 10-K

________________________________________

(Mark One)

x

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December31, 2022

OR

o

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to .

Commission File Number 001-33147

________________________________________

Evolve Transition Infrastructure LP

(Exact Name of Registrant as Specified in Its Charter)

________________________________________

1360 Post Oak Blvd, Suite 2400

Houston, Texas

77056

(713) 783-8000

(Registrants Telephone Number, Including Area Code)

Securities registered pursuant to Section 12(b) of the Act:

Common Units representing limited partner interests

SNMP

NYSE American

Securities registered pursuant to Section 12(g) of the Act: None

________________________________________

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, smaller reporting company and emerging growth company in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer o

Accelerated filer o

Non-accelerated filer x

Smaller reporting company x

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant has filed a report on and attestation to its managements assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. o

If securities are registered pursuant to Section 12(b) of the Exchange Act, indicate by check mark whether financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. o

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrants executive officers during the relevant recovery period pursuant to 240.10D-1(b). o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes o No x

The aggregate market value of Evolve Transition Infrastructure LP common units held by non-affiliates as of June 30, 2022 was approximately $14,097,297 based upon the NYSE American closing price as of such date.

Common units outstanding on March24, 2023: 231,032,052 common units.

DOCUMENTS INCORPORATED BY REFERENCE: NONE

TABLE OF CONTENTS

COMMONLY USED DEFINED TERMS

As used in this Annual Report on Form 10-K (this Form 10-K), unless the context indicates or otherwise requires, the following terms have the following meanings:

2022 Settlement Agreement means that certain Settlement Agreement, dated as of May 27, 2022, by and among SN Catarina, LLC, Catarina Midstream, LLC, Mesquite, the Partnership, our general partner, SP Holdings and SN Operating, LLC.

Bankruptcy Court means that United States Bankruptcy Court for the Southern District of Texas, Houston Division.

Bbl means one barrel of 42 U.S. gallons of oil.

Board means the board of directors of our general partner.

Class C Preferred Units means our Class C Preferred Units representing limited partner interests in Evolve Transition Infrastructure.

common units means our common units representing limited partner interests in Evolve Transition Infrastructure.

Credit Agreement means collectively, the Third Amended and Restated Credit Agreement, dated as of March 31, 2015, among the Partnership, Royal Bank of Canada, as administrative agent and collateral agent, and the lenders party thereto, as amended by (i) Amendment and Waiver of Third Amended and Restated Credit Agreement, dated as of August 12, 2015, (ii) Joinder, Assignment and Second Amendment to Third Amended and Restated Credit Agreement, dated as of October 14, 2015, (iii) Third Amendment to Third Amended and Restated Credit Agreement, dated as of November 12, 2015, (iv) Fourth Amendment to Third Amended and Restated Credit Agreement, dated as of July 5, 2016, (v) Fifth Amendment to Third Amended and Restated Credit Agreement, dated as of April 17, 2017, (vi) Sixth Amendment to Third Amended and Restated Credit Agreement, dated as of November 7, 2017, (vii) Seventh Amendment to Third Amended and Restated Credit Agreement, dated as of February 5, 2018, (viii) Eighth Amendment to Third Amended and Restated Credit Agreement, dated as of May 7, 2018, (ix) Ninth Amendment to Third Amended and Restated Credit Agreement, dated as of November 22, 2019, (x) Tenth Amendment to Third Amended and Restated Credit Agreement, dated as of November 6, 2020, (xi) Eleventh Amendment to Third Amended and Restated Credit Agreement, dated as of July 28, 2021, and (xii) Twelfth Amendment to Third Amended and Restated Credit Agreement, dated as of August 20, 2021.

Evolve Transition Infrastructure, the Partnership, we, us, our or like terms refer collectively to Evolve Transition Infrastructure LP, its consolidated subsidiaries and, where the context provides, the entities in which we have a 50% ownership interest.

GAAP means U.S. generally accepted accounting principles.

Gathering Agreement means (i) at all times from October 14, 2015 through and including March 31, 2022, the Firm Gathering and Processing Agreement, dated as of October 14, 2015, by and between Catarina Midstream, LLC and SN Catarina LLC, as amended by Amendment No. 1 thereto, dated June 30, 2017 (individually, the Original Gathering Agreement), and (ii) at all times after and including April 1, 2022, the Amended and Restated Firm Gathering and Processing Agreement, dated as of May 27, 2022, by effective for all purposes as of April 1, 2022 (individually, the A&R Gathering Agreement).

GHGs mean greenhouse gases.

MBbl/d means one thousand barrels of oil or other liquid hydrocarbons per day.

Mesquite means (i) at all times prior to June 30, 2020, Sanchez Energy Corporation and its consolidated subsidiaries, and (ii) at all times after and including June 30, 2020, Mesquite Energy, Inc. and its consolidated subsidiaries.

MMBtu means one million British thermal units.

MMcf/d means one million cubic feet of natural gas per day.

NGLs means natural gas liquids such as ethane, propane, butane, natural gasolines and other components that when removed from natural gas become liquid under various levels of higher pressure and lower temperature.

NYSE American means NYSE American LLC.

Operational Services Agreement means that certain Services Agreement, effective as of November 1, 2020, between the Partnership, SEP Holdings IV, LLC, Catarina Midstream, LLC, SECO Pipeline and SNMP Services.

our general partner means Evolve Transition Infrastructure GP LLC, our general partner.

our partnership agreement means the Third Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of August 2, 2019, as amended by the Stonepeak Letter Agreement, dated as of November 16, 2020 and further amended by Amendment No. 1 thereto, dated as of February 26, 2021.

SEC means the United States Securities and Exchange Commission.

Shared Services Agreement means the Amended and Restated Shared Services Agreement between SP Holdings and the Partnership, dated as of March 6, 2015.

SNMP Services means SNMP Services Inc., our wholly owned subsidiary which provides payroll, human resources, employee benefits and other consulting services to us and our subsidiaries.

SP Holdings means SP Holdings, LLC, the sole member of our general partner.

Stonepeak means Stonepeak Catarina and its subsidiaries, other than the Partnership.

Stonepeak Catarina means Stonepeak Catarina Holdings, LLC.

Stonepeak Letter Agreement means that certain letter agreement, dated as of November 16, 2020, by and between the Partnership and Stonepeak Catarina, wherein the parties agreed that Stonepeak Catarina will be able to elect to receive distributions on the Class C Preferred Units in common units for any quarter following the third quarter of 2020 by providing written noticed to the Partnership no later than the last day of the calendar month following the end of such quarter.

Stonepeak Warrant means (i) at all times prior to February 24, 2021, that certain Warrant Exercisable for Junior Securities, issued to Stonepeak Catarina on August 2, 2019 (the Original Warrant); (ii) at all times from February 24, 2021 to May 3, 2021, the Original Warrant, as amended by Amendment No. 1 thereto, dated February 24, 2021 (Warrant Amendment 1); (iii) at all times from May 3, 2021 to August 2, 2021, the Original Warrant, as amended by Warrant Amendment 1, and Amendment No. 2 thereto, dated May 3, 2021 (Warrant Amendment 2); (iv) at all times from August 2, 2021 through November 5, 2021, the Original Warrant, as amended by Warrant Amendment 1, Warrant Amendment 2 and Amendment No. 3 thereto, dated August 2, 2021 (Warrant Amendment 3); (v) at all times from November 5, 2021 through November 9, 2021, the Original Warrant, as amended by Warrant Amendment 1, Warrant Amendment 2, Warrant Amendment 3 and Amendment No. 4 thereto, dated November 5, 2021 (Warrant Amendment 4); (vi) at all times from November 9, 2021 through February 1, 2022, the Original Warrant, as amended by Warrant Amendment 1, Warrant Amendment 2, Warrant Amendment 3, Warrant Amendment 4 and Amendment No. 5 thereto, dated November 9, 2021 (Warrant Amendment 5); (vii) at all times from February 1, 2022 to May 2, 2022, the Original Warrant, as amended by Warrant Amendment 1, Warrant Amendment 2, Warrant Amendment 3, Warrant Amendment 4, Warrant Amendment 5, and Amendment No. 6 thereto, dated February 1, 2022 (Warrant Amendment 6); and (viii) at all times from May 2, 2022 to August 1, 2022, the Original Warrant, as amended by Warrant Amendment 1, Warrant Amendment 2, Warrant Amendment 3, Warrant Amendment 4, Warrant Amendment 5, Warrant Amendment 6, and Amendment No. 7 thereto, dated May 2, 2022 (Warrant Amendment 7); (ix) at all times from August 1, 2022 to December 28, 2022, the Original Warrant, as amended

by Warrant Amendment 1, Warrant Amendment 2, Warrant Amendment 3, Warrant Amendment 4, Warrant Amendment 5, Warrant Amendment 6, Warrant Amendment 7, and Amendment No. 8 thereto, dated August 1, 2022 (Warrant Amendment 8); and (x) at all times after December 28, 2022, the Original Warrant, as amended by Warrant Amendment 1, Warrant Amendment 2, Warrant Amendment 3, Warrant Amendment 4, Warrant Amendment 5, Warrant Amendment 6, Warrant Amendment 7, Warrant Amendment 8, and Amendment No. 9 thereto, dated December 28, 2022 (Warrant Amendment 9).

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Form 10-K contains forward-looking statements within the meaning of the federal securities laws. Except for statements of historical fact, all statements in this Form 10-K constitute forward-looking statements. Forward-looking statements may be identified by words like may, could, should, expect, plan, project, intend, anticipate, believe, estimate, predict, potential, pursue, target, continue, the negative of such terms or other similar expressions. The absence of such words or expressions does not necessarily mean the statements are not forward-looking.

The forward-looking statements contained in this Form 10-K are largely based on our expectations, which reflect estimates and assumptions made by the management of our general partner. These estimates and assumptions reflect our best judgment based on currently known market conditions and other factors. Although we believe such estimates and assumptions to be reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond our control. In addition, managements assumptions about future events may prove to be inaccurate.

Important factors that could cause our actual results to differ materially from the expectations reflected in the forward-looking statements include, among others:

our ability to successfully execute our business, acquisition and financing strategies, including our business strategy to focus on the ongoing energy transition in the industries in which we operate;

our ability to successfully meet our future funding obligations in connection with HOBO Renewable Diesel LLCs (HOBO) initial project, should we elect to fund such obligations, and in connection with the Levo JV (as defined in Note 6 Derivative and Financial Instruments);

we are currently not in compliance with the NYSE American listing standards. If our common units are delisted, it could result in even further reductions in the trading price and liquidity of our common units, which could materially adversely affect our ability to raise capital or pursue strategic transactions on acceptable terms, or at all;

changes in general economic conditions, including market and macro-economic disruptions resulting from (i) recent inflation increases, (ii) ongoing supply chain disruptions, (iii) impacts of world health events, including the coronavirus (COVID-19) pandemic, and (iv) escalating global trade tensions and the conflict between Russia and Ukraine;

the possibility of cyber and malware attacks;

the ability of our customers to meet their drilling and development plans on a timely basis, or at all, and perform under gathering, processing and other agreements;

the creditworthiness and performance of our counterparties, including financial institutions, operating partners, customers and other counterparties;

our ability to extend, replace or refinance our Credit Agreement;

our ability to grow enterprise value;

the ability of our partners to perform under our joint ventures;

the availability, proximity and capacity of, and costs associated with, gathering, processing, compression and transportation facilities;

our ability to access the credit and capital markets to obtain financing on terms we deem acceptable, if at all, and to otherwise satisfy our capital expenditure requirements;

the timing and extent of changes in prices for, and demand for, natural gas, NGLs and oil;

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Form 10-K Evolve Transition Infras For: Dec 31 - StreetInsider.com