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 […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Tregellas v. Carl M. Archer Trust No. Three, 507 S.W.3d 423 (Tex. App.—Amarillo 2016, pet. granted) (ROFR, limitations, discovery rule, correction deed) analyzed the effect of the statute of limitations, discovery […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Plains Expl. & Prod. Co. v. Torch Energy Advisors Inc., 473 S.W.3d 296 (Tex. 2015) (Excluded Assets clause in PSA) construes the Excluded Assets clause in a typical Purchase and Sale […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Petrohawk Properties, L.P. v. Jones 455 S.W.3d 753 (Tex. App.—Texarkana 2015, pet. dism’d) (Oral amendment extending agreement to lease) held that breach of contract claims under oral modifications that extended the […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. GP II Energy, Inc. v. Chamberlain, Hrdlicka, White, Williams & Martin, No. 14-07- 00237-CV, 2008 WL 4354931 (Tex. App.—Houston [14th Dist.] August 26, 2008, no pet.), illustrates the risks for […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Geodyne Energy Income Production Partnership I-E v. The Newton Corp1 considers the liability of a nonoperator and the nonoperator’s assignee for a proportionate part of plugging and abandoning a well […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Thompson & Knight LLP v. Patriot Exploration, LLC held that expert testimony on the effect of declining gas prices on the price a buyer would pay was insufficient to […]
