Parties and courts are still dealing with the much reported decision authorizing the rejection of midstream contracts in the Sabine Energy bankruptcy cases.
Bankruptcy
Bankruptcy And Midstream Contracts: Contract Parties Push Back
By Ed Ripley | King & SpaldingSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.
To the delight of motorists everywhere, the price of oil suddenly halved in the second half of 2014, dropping from over $100 to less than $50 a barrel.
Drilling Deeper: The Intersection Of Producer Bankruptcies And Gathering Agreements
By Michael Connelly, David Fournier | Pepper Hamilton LLP
Since the beginning of 2015, approximately 50 exploration and production companies in the United States and Canada have filed for bankruptcy, with the combined debt of these companies approaching $20 billion.
The Shale Bankruptcy Boom Moves Midstream
By Joseph V. Schaeffer | Spilman Thomas & Battle, PLLC
The shale boom has given rise to another, less welcome boom: the bankruptcy boom.
The Oil And Natural Gas Industry: The Impacts And Uncertainty Continue
By W. Eric Gadd | Spilman Thomas & Battle, PLLC
By now we’ve all seen the headlines: “Oil crashes below $27 a barrel,” “Oil prices likely to remain low 3-5 years” and “U.S. oil bankruptcies spike 379%.”
The Oil Bust…Bankruptcy Boom?
By Edward Arnold, Jan Hayden | Baker Donelson
Although the news is filled with stories of falling oil and gas prices and suggestions that a third of the exploration and production companies may file for bankruptcy, this most recent downturn may not produce the bankruptcy filing boom many anticipate.
Energy News Roundup: Duke Plea Delayed, Energy Holdings Restructures Debt & Japan Nuclear Industry In Flux
By Conor O'Sullivan
Duke Energy received a delay Tuesday in pleading guilty to environmental crimes by claiming that bureaucratic red tape could result in power being cut-off for military bases across North Carolina. “U.S. District Judge Malcolm Howard approved a one-month delay in Duke’s plea and sentencing hearing for criminal violations of the Clean Water Act, which had… Keep reading →
Environmental Claims: The Gift That Keeps On Giving
By Vicki Harding | Pepper Hamilton LLP
Asarco LLC v. Goodwin, 756 F.3d 191 (2nd Cir. 2014) –
A reorganized company (Asarco) sought contribution for payment of environmental claims from beneficiaries of trusts created under John D. Rockefeller’s will. The district court dismissed the claims, and Asarco appealed to the 2d Circuit.
After a Deal With Apple Goes Sour, GT Advanced Technologies Files for Bankruptcy Protection
By GreenTech Media
The equipment and materials manufacturer once called itself a “poster child for survival” in solar. Can it still live up to that claim? GT Advanced Technologies, a manufacturer of solar equipment and materials for consumer electronics, has filed for Chapter 11 bankruptcy protection in a New Hampshire court. The news caps a wild ride for GT’s stock after it… Keep reading →
This updated list is actually good news. OK, if Black Friday can start on Thanksgiving, then we can start making year-end lists on December 1. We listed the more than 200 VC-funded solar startups back in 2008. We knew that we’d be writing about most of them on their way up — as well as on their way down.… Keep reading →
