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Bankruptcy won’t help you avoid an oil & gas lease
  • Squire Patton Boggs
  • USA
  • November 23 2015

A district court judge in the Middle District of Pennsylvania recently vacated a bankruptcy court's decision allowing rejection of an oil and gas

Buyer (and its creditors) beware: SemCrude district court finds that purchasers took oil and gas free and clear of producers' liens
  • Cadwalader Wickersham & Taft LLP
  • USA
  • October 13 2015

Although almost eight years have lapsed since the chapter 11 cases of Tulsa, Oklahoma-based SemCrude L.P. Were confirmed, many of the issues at the

Energy: Samson Resources’ prenegotiated reorganization plan with fulcrum debt
  • FisherBroyles
  • USA
  • October 7 2015

As predicted at the Commercial Finance Association's Fourth Annual Energy Summit on September 16th, we should start seeing more and more oil & gas

Hudson Energy denied administrative priority for electricity sold pre-bankruptcy
  • Reed Smith LLP
  • USA
  • October 2 2015

In a September 18, 2015 order, the U.S. District Court for the Southern District of New York affirmed a bankruptcy court order denying administrative

New York court rules (sort of) on whether electricity is a good or a service
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • October 2 2015

It seems only fitting that recent decisions by the United States District Court for the Southern District of New York and its bankruptcy court

The characterization of an ORRI conveyance in bankruptcy
  • Munsch Hardt Kopf & Harr PC
  • USA
  • August 27 2015

A bankruptcy court’s characterization of a debtor’s pre-petition conveyance of an overriding royalty interest (“ORRI”) has an important effect on

Kentucky bankruptcy court holds that coal mining lease is not an executory contract or unexpired lease and is transferable pursuant to section 363 despite an anti-assignment provision
  • Weil Gotshal & Manges LLP
  • USA
  • July 20 2015

When a contract is called a lease and has some characteristics of a lease, but operates to grant the lessee the exclusive right to mine and remove

Energy Future Holdings more bad news for bondholders on make-whole premiums
  • Kelley Drye & Warren LLP
  • USA
  • July 14 2015

For the second time in the past few months, Judge Christopher Sontchi has dashed the hopes of certain creditors in the Energy Future Holdings ("EFH"

Keeping the lights on in Puerto Rico
  • Allen & Overy LLP
  • Puerto Rico, USA
  • July 9 2015

On July 1, 2015, the Puerto Rico Electric Power Authority (PREPA) avoided default by making a $415 million payment to bondholders and buying time to

Sixth Circuit holds that assignee is subject to contractual netting provision
  • Ice Miller LLP
  • USA
  • March 19 2015

In a recent decision, In re Black Diamond Mining Company, LLC, the United States Court of Appeals for the Sixth Circuit held that a netting provision