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Oil & Gas Most-Favored Nations

Gray Reed

Appeals Court Revives Lessor’s Fraud Claims

Gray Reed on

Tips on litigation avoidance: Not making promises you don’t intend to keep is easy enough. Stating a fact or making a promise and things change, you could be a fraudster if you don’t come clean before closing....more

Gray Reed

Most-Favored-Nations Clause Costs Lessee

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This “most-favored-nations” clause in three oil and gas leases on land in LaSalle County, Texas, was at issue in EP Energy E&P Co., L.P. v. Storey Minerals, Ltd. ...more

Dorsey & Whitney LLP

United States Bans Russian-Affiliated Ships from Entering Any U.S. Port

Dorsey & Whitney LLP on

On April 21, 2022, President Biden further expanded U.S. sanctions against Russia due to its invasion of Ukraine by issuing a new Presidential Proclamation 10371 (“Proclamation 10371”) to bar all Russian-affiliated vessels...more

Braumiller Law Group, PLLC

"Hot Topics in International Trade - April 2022 - Incursion and World Trade, Part 2: How to Commit Economic Suicide for Your...

From my perspective, as well as what seems to be many others in the west and around the globe, the incredibly long table that Vladimir Putin sits behind separating himself from his minions, as well as other country’s visiting...more

Stikeman Elliott LLP

Further Canadian Responses to Russia’s Invasion of Ukraine

Stikeman Elliott LLP on

Canada has imposed further restrictions on Russia due to its continuing invasion of Ukraine. These restrictions are in addition to those already imposed in the Special Economic Measures (Russia) Regulations as described in...more

Gray Reed

What Can I Get From My Lessee if I Ask the Court For It?

Gray Reed on

It s been said that if you don’t ask for what you want you’ll get what you deserve. Mr. Hooks took that truism to heart. Hooks v. Samson is about more than the discovery rule (See last week). Here are the other claims...more

Gray Reed

A Favored-Nations Clause Gone Awry

Gray Reed on

Oh, how a simple Favored-Nations clause in an oil and gas lease can get complicated, with large financial consequences! In BP America Production Company v. Zaffirini, BP paid Solis a $1,300 per acre bonus for a lease covering...more

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