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“A letter of intent is the invention of the devil [that] should be avoided at all costs.” -- Stephen R. Volk, Esq. regarding the...

A Dallas jury recently reminded us why Mr. Volk lamented letters of intent. Enterprise Products Partners, L.P. is currently appealing that jury’s finding of $319MM in actual damages and $914MM for improper benefits due to...more

5/16/2014 - Breach of Duty Damages Duty of Loyalty Joint Venture Letters of Intent

Mexico Energy Reform – Secondary Legislation Submitted to Congress

On April 30, 2014, President Enrique Peña Nieto formally presented to the General Congress of the United Mexican States (Congress) the much anticipated secondary legislation to implement the revolutionary constitutional...more

5/9/2014

Mexico Introduces Much Anticipated Secondary Legislation for Energy Reform

Yet again the Mexican government has surpassed the expectations of the international marketplace. Many prognosticators and industry participants believed that the constitutional restrictions against international...more

5/2/2014 - Energy Energy Reform Mexico

Mexico’s Energy Reform Amendments

Background - On December 12, 2013, Mexico’s lower chamber of Congress approved the country’s largest energy reform legislation in more than 75 years. The proposal ends Mexico’s state-owned monopoly of the oil and gas...more

12/16/2013 - Energy Energy Reform Mexico Oil & Gas

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