A Colorado bankruptcy court has departed from the widely reported holding in Sabine Oil that permitted a debtor to reject a certain midstream gathering agreement. On September 30, 2019, the United States Bankruptcy Court for...more
10/11/2019
/ Asset Purchase Agreements ,
Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Debtors ,
Energy Sector ,
Free and Clear Transactions ,
Gathering Agreements ,
Midstream Contracts ,
Mineral Extraction ,
Oil & Gas ,
Personal Property ,
Sale of Assets
A Chapter 11 bankruptcy filing of an oil and gas company will likely have broad implications for a wide range of parties. Certain pervasive agreements in today’s oil and gas industry generate substantial, high-dollar...more