Kinder Morgan controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
SIMD sues Kinder Morgan over Staten Island site sale
Lawsuit filed
Staten Island Marine Development, also known as SIMD, sued Kinder Morgan. According to the lawsuit, SIMD had signed a letter of intent to buy the site, but Kinder Morgan marketed the site to other buyers, and prospective buyers had unfair access to SIMD's remediation plan. The lawsuit is pending.
Source excerpt
The lawsuit, filed with the state Supreme Court on Staten Island, is pending before Justice Orlando Marrazzo Jr.
SIMD alleges that the company had spent a year developing a remediation plan for the former Exxon oil storage facility site, and prospective buyers had unfair access to its remediation plan.
Staten Island Marine Development, a remediation company also known as SIMD, filed a lawsuit against Kinder Morgan, claiming that even though SIMD signed a letter of intent to buy 4101 Arthur Kill Road in January 2019 for $55 million, Kinder Morgan marketed the site for sale to others, including NorthPoint.