News & Analysis as of

Oil & Gas Personal Liability

Gray Reed

Operator Escapes Liability For a Gas Kick and Resulting Fire

Gray Reed on

The Texas Civil Practices and Remedies Code, Chapter 95, limits a property owner’s liability when an independent contractor hired to construct, repair, renovate or modify an improvement to the owner’s property brings a...more

A&O Shearman

Five Things to Think About – Analyzing Liquidity and Planning for Challenges

A&O Shearman on

The oil price plunge starting on March 6 seems like a sucker-punch to the oil and gas industry after the price decreases and market unrest as a result of COVID-19. Oil and gas companies and companies that contract with them...more

Gray Reed

Broad Settlement Discharges Mineral Liens

Gray Reed on

When you prepare, review and/or sign settlement agreements you sometimes pay less attention than you should to the details of those “standard” releases! Acme Energy Services, d/b/a Big Dog Drilling v. Staley et al. says,...more

Bennett Jones LLP

The Supreme Court of Canada Rules in Orphan Well Case

Bennett Jones LLP on

The Supreme Court of Canada ("SCC") today released its long-awaited decision in Orphan Well Association et al v Grant Thornton Limited et al, 2019 SCC 5. The SCC allowed the appeal and held that Alberta's regulatory regime...more

Winstead PC

Court Holds That Fiduciary Shield Doctrine Does Not Protect A Representative From Tortious Conduct

Winstead PC on

In Ren v. ANU Res., LLC, a plaintiff sued an entity and its representatives for breach of contract, breach of fiduciary duty, and other tort claims arising from investments in oil and gas properties. No. 14-16-00035-CV, 2016...more

Akin Gump Strauss Hauer & Feld LLP

Recent FERC Settlements Demonstrate Agency’s Continued Pursuit of Individual Trader Liability—But Also Include Rare Downward...

Key Points - - FERC continues to focus on “related-position” manipulation cases—this time involving bidweek trading to influence the value of related financial positions. - FERC aggressively pursues market...more

Morrison & Foerster LLP

MoFo New York Tax Insights - Volume 7, Issue 8

ALJ holds that a Retailer Must File on a Combined Basis with a Related Intellectual Property Licensing Company - A New York State Administrative Law Judge has held that a retailer must file combined corporate franchise...more

Locke Lord LLP

The Yates Memo and Antitrust Enforcement

Locke Lord LLP on

On March 1, 2016 a memorandum prepared by Department of Justice Deputy Attorney General Sally Quillian Yates as part of the Department’s revamping of its overall corporate cooperation credit program took on a whole new...more

Thomas Fox - Compliance Evangelist

FCPA Compliance and Ethics Report-Episode 122-with Matt Kelly on Alstom, Avon and Petrobras

In this episode, Compliance Week Editor-in-Chief Matt Kelly and I discuss the Avon and Alstom FCPA enforcement actions and then take a look at the ongoing Petrobras corruption scandal and what it means for Brazil. ...more

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