Tuesday, August 7th, 2018
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Noble Energy, Inc. v. ConocoPhillips Company, 532 S.W.3d 771 (Tex. 2017) held that a mutual, reciprocal environmental indemnity was an executory contract assumable in bankruptcy. Under a 1994 Exchange Agreement, ConocoPhillips […]

Tuesday, February 2nd, 2016
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. ConocoPhillips Company v. Noble Energy, Inc. held that a mutual, reciprocal environmental indemnity was an executory contract assumable in bankruptcy. Under a 1994 Exchange Agreement, the parties exchanged leases subject to […]

Monday, September 7th, 2015
Richard F. Brown   The following is not a legal opinion. You should consult your attorney if the case may be of significance to you.   In re H.L.S. Energy Co., Inc., 151 F.3d 434 (5th Cir. 1998) holds that expenses incurred after a bankruptcy petition is filed (post-petition) for the remediation of post-petition environmental […]

Wednesday, September 2nd, 2015
Richard F. Brown   The following is not a legal opinion. You should consult your attorney if the case may be of significance to you.   Red River Resources Inc. v. Wickford, Inc., 443 B.R. 74 (E.D. Tex. 2010) (mem. op.), held that a cessation of production caused by a severance order issued by the […]