Can I Get Out of a Bad Oil and Gas Lease If I File Bankruptcy?

03/03/11

Many landowners, particularly struggling farmers in Upstate New York, are trying to get out of gas leases they signed several years ago and replace them with new gas leases. It could make a difference of over $1,000,000 to the landowner. Filing bankruptcy could be the tool they need. For several years gas companies have known [...]

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