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Rejecting Midstream Agreements in Bankruptcy – the Journey Continues

By Charles Sartain on April 11, 2017
Posted in pipelines

Empty tomb with three crosses on a hill side.

Co-author Lydia Webb

One of the hottest issues from 2016 was whether an E&P debtor can reject, under section 365 of the Bankruptcy Code, an above-market midstream contract. Given the potential for a “no-win” situation, in all but one case where the issue arose E&P debtors and midstream companies were able to settle, often by…

An Operating Agreement Can Be a Covenant Running With the Land

By Charles Sartain on August 17, 2012
Posted in Land Titles, Operating Agreements

I promise this will be the last post in a while on covenants running with the land. I think we all get it by now (This topic was discussed in my August 1 post).

The Result

A Joint Operating Agreement referenced in documents that is in a party’s chain of title and is, by its…

About Charles Sartain

I have been helping clients of all types resolve their commercial disputes for most of my 35 years as a lawyer. Of the many industries in which I have worked, the energy business is the most fascinating…More

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