This is the first of several posts on gathering agreements in bankruptcy, covenants running with the land and rejection claims that arise when a debtor finds gathering agreements financially burdensome. As our readers know, we waited with much anticipation for the Sabine ruling and wait with equal anticipation for the ruling on similar issues in … Continue Reading
Last week, we discussed the complexities of metals exploration chapter 11 bankruptcy cases and addressed several of the notable issues that arise in those cases. The discussion of significant issues continues below. Enforceability of Rights of First Refusal Mining exploration is often undertaken by partners, one of which may contribute the mining properties and the … Continue Reading