UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________________________
FORM 8-K
______________________________________________________
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
______________________________________________________
NATURAL RESOURCE PARTNERS L.P.
(Exact Name of Registrant as Specified in Charter)
______________________________________________________
|
| | |
Delaware (State
or other jurisdiction of incorporation or organization) | (Commission File Number) | 35-2164875 (I.R.S. Employer Identification No.) |
| 1201 Louisiana St., Suite 3400 Houston, Texas 77002
(Address
of principal executive office) (Zip Code) | |
| (Registrant's telephone number, including area code) | |
______________________________________________________
Securities registered pursuant to Section 12(b) of the Act: |
| | | | |
Title
of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common Units representing limited partner interests | | NRP | | New York Stock Exchange |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions: |
| |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
| |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
| |
o | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
| |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 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 ¨
On November 20, 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 NRP in July 2017. The Trial Court ruled in NRP’s 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. Accordingly, the Trial Court ordered that Anadarko take nothing. As a result, NRP does not owe any amounts to Anadarko under the Trial Court's ruling. While we do not know whether Anadarko
intends to appeal the Trial Court’s decision, we intend to vigorously defend any such appeal.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. |
| | | |
| NATURAL
RESOURCE PARTNERS L.P. |
| | | |
| By: | | |
| | | Its General Partner |
| | | |
| By: | | |
| | | Its General Partner |
| | | |
| By: | | |
| Name: | | |
| Title: | | Vice President and General Counsel |
