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Settlement in Chesapeake Energy derivative action: CEO keeps $75 million bonus, but agrees to buys back $12 million art collection

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • November 3 2011

On Wednesday November 2, 2011, several media outlets reported on the details of the settlement in the shareholders derivative action filed against executives of Chesapeake Energy Corporation

When is an assignment of a lease not an assignment of obligations?

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • February 26 2013

When oil companies transfer oil property among themselves, they frequently do so by an assignment of lease rights. Sometimes they assign all their