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Drilling deeper: the intersection of producer bankruptcies and gathering agreements
  • Pepper Hamilton LLP
  • USA
  • April 20 2016

The issue of whether gathering agreements are subject to rejection in bankruptcy as executory contracts and whether certain provisions of those

Quicksilver Drops Motion to Reject Midstream Agreements in Connection with Closing of Sale to BlueStone Natural Resources
  • Jones Day
  • USA
  • April 11 2016

On April 7, 2016, Quicksilver Resources Inc. ("Quicksilver") announced that it closed the sale of its U.S. assets for $245 million to BlueStone

Oil, Gas and Mineral Companies Take Note: Agreements Purporting to “Run with the Land” may be Rejected in Bankruptcy
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • April 6 2016

A recent bankruptcy court decision from the influential Southern District of New York permitted a debtor to reject executory contracts with midstream

Challenges, Risks and New Developments in the Distressed Oil & Gas Industry
  • McGuireWoods LLP
  • USA
  • March 30 2016

Section 541 of the Code - This section provides that the commencement of a bankruptcy case automatically creates an estate that broadly includes all

Emerald Oil Proposes to Sell Assets through Chapter 11 Proceedings
  • Haynes and Boone LLP
  • USA
  • March 29 2016

This alert describes certain information regarding the recently filed bankruptcy case of Emerald Oil, Inc. and is an example of current developments

Seventh Circuit Holds that Pre-Bankruptcy Lease Terminations May Be Avoidable
  • McGuireWoods LLP
  • USA
  • March 28 2016

In a case of first impression, the Seventh Circuit recently issued an opinion that may cause landlords and their advisors to re-evaluate the

Oil and Gas Alert: Bankruptcy Court Issues Opinion Allowing the Rejection of Certain Midstream Agreements
  • Vorys, Sater, Seymour and Pease LLP
  • USA
  • March 23 2016

On March 8, 2016, a New York Bankruptcy Court issued a bench decision in the Sabine Oil & Gas Corporation Chapter 11 case. The Court's decision

Executory Contracts Rejected In Chapter 11 Bankruptcy; How Does This Impact Midstream Providers?
  • Holland & Hart LLP
  • USA
  • March 18 2016

A recent bankruptcy court decision could have wide-reaching implications for pipeline operators. Judge Shelley C. Chapman of the United States

Recent Case Highlights Opportunity for Distressed Exploration and Production Companies
  • Skadden Arps Slate Meagher & Flom LLP
  • USA
  • March 14 2016

On March 8, 2016, a bankruptcy court in the Southern District of New York issued a much-anticipated decision, In re Sabine Oil & Gas Corporation

Ruling on Pipeline Agreements in Sabine Chapter 11 Case Indicates Battles That Lie Ahead in Energy Company Bankruptcy Cases
  • Kelley Drye & Warren LLP
  • USA
  • March 14 2016

U.S. Bankruptcy Judge Shelley Chapman ruled last week in the chapter 11 case of Sabine Oil & Gas that Sabine could utilize the U.S. Bankruptcy Code