Court Decision Could Accelerate Oil And Gas Bankruptcies - OilPrice....

03/11/16


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Court Decision Could Accelerate Oil And Gas Bankruptcies
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Such contracts could have been a stumbling block in bankruptcy — requiring the company to deliver production or cash at a time when its operations have slowed or stopped. And so Sabine had challenged in bankruptcy court to have the agreements nixed.
Decision Permits Rejection of Midstream Agreements in BankruptcyThe National Law Review
Why Ailing Oil Producers Should Love This Court DecisionWall Street Journal
Bankrupt Sabine Can Reject Midstream Contracts, Judge RulesBOE Report (press release)

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