Remove 2002 Remove E&A Remove Operator
article thumbnail

Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets

The Energy Law

Companies are grappling with a multitude of issues — from the health and safety of employees to increased cyber security risks to financial and operational stability. It has been an extraordinary few weeks as businesses face challenges presented by the COVID-19 outbreak. Margin Calls. Force Majeure and Impossibility.

article thumbnail

Louisiana’s Sabine River Authority Not Entitled To Sovereign Immunity

The Energy Law

7] The Fifth Circuit noted that even though the SRA-L was made part of the umbrella of the executive branch via its placement in the Department of Transportation and Development after its creation, it maintained substantial control over its operations. Tarrant County , 798 F.2d 2d 736, 744-45 (5 th Cir.

Casing 52
article thumbnail

Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law

In Petro-Chem Operating Co., 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. Flat River Farms, L.L.C. , Flat River Farms, L.L.C. , 12] In its analysis, the Court first looked to the pertinent language of La.

Spud-in 40