SEC Comment Letter for Golar LNG Partners LP (CIK 0001415916) — Jan 9, 2020
Golar LNG Partners LP (CIK 0001415916)
Date: Jan. 9, 2020 · CIK: 0001415916 · Accession: 0000000000-20-000237
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File numbers found in text: 333-235614
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January 9, 2020
Graham Robjohns
Chief Executive Officer
Golar LNG Partners LP
c/o Golar Management Ltd.
6th Floor, The Zig Zag
70 Victoria Street
London SW1E 6SQ
United Kingdom
Re:Golar LNG Partners LP
Registration Statement on Form F-3
Filed December 20, 2019
File No. 333-235614
Dear Mr. Robjohns:
We have limited our review of your registration statement to those issues we have
addressed in our comments. In some of our comments, we may ask you to provide us with
information so we may better understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to these comments, we may have additional comments.
Form F-3 filed December 20, 2019
Service of Process and Enforcement of Civil Liabilities, page 42
1.We note disclosure on page 42 under the section "Service of Process and Enforcement of
Civil Liabilities" that you have expressly submitted to the jurisdiction of the U.S. federal
and New York state courts sitting in the City of New York for the purpose of any suit,
action or proceeding arising under the securities laws of the United States. However, we
do not see such submission in your limited partnership agreement. Please advise, and also
refer to comment 2 below.
FirstName LastNameGraham Robjohns
Comapany NameGolar LNG Partners LP
January 9, 2020 Page 2
FirstName LastName
Graham Robjohns
Golar LNG Partners LP
January 9, 2020
Page 2
2.We note that your forum selection provision in Section 17.8 of your amended and restated
agreement of limited partnership identifies the Court of Chancery of the State of Delaware
as the exclusive forum for certain litigation, including claims brought in a "derivative
manner on behalf of the Partnership," unless otherwise provided for in the Marshall
Islands Act. Please revise your prospectus to disclose whether this provision applies to
actions arising under the Securities Act or Exchange Act. In that regard, we note that
Section 27 of the Exchange Act creates exclusive federal jurisdiction over all suits brought
to enforce any duty or liability created by the Exchange Act or the rules and regulations
thereunder, and Section 22 of the Securities Act creates concurrent jurisdiction for federal
and state courts over all suits brought to enforce any duty or liability created by the
Securities Act or the rules and regulations thereunder. If the provision applies to Securities
Act claims, please also revise your prospectus to clarify the relevant forum and to include
related risk factor disclosure, and to state that there is uncertainty as to whether a court
would enforce such provision and that investors cannot waive compliance with the federal
securities laws and the rules and regulations thereunder.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
Please contact Kevin Dougherty, Staff Attorney, at (202) 551-3271 or Laura Nicholson,
Special Counsel, at (202) 551-3584 with any questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: Catherine Gallagher