On March 10, 2017, the U.S. District Court for the Southern District of New York issued a Memorandum Order, in which it affirmed a controversial bankruptcy court ruling. The district court agreed with the bankruptcy court...more
In a March 8, 2016 ruling from the bench, the U.S. Bankruptcy Court for the Southern District of New York issued a significant decision regarding the ability of a debtor in bankruptcy to reject gas gathering agreements and...more
In 2008, SemCrude, L.P. and related entities (collectively, SemCrude or the Debtors) filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. In connection with the SemCrude bankruptcy, a dispute...more
8/25/2015
/ Chapter 11 ,
Commercial Bankruptcy ,
Commodities ,
Derivatives ,
Energy Sector ,
Fraud ,
ISDA Master Agreement ,
Jurisdiction ,
Oil & Gas ,
Ordinary Course of Business Defense ,
Summary Judgment ,
Uniform Commercial Code (UCC)