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Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC

The Energy Law

2010-2267 (La. If the transferring instrument does not contain an explicit assignment of the personal right to sue for damages to the property, the right remains with the transferor.” Amerada Hess Corp. 10/25/11), 79 So.

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Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

3] Tauren subsequently assigned a 49% interest in the lease to Cubic Energy, Inc. 9] Unsatisfied with the response, Gloria’s Ranch sent a letter on January 28, 2010 demanding a recordable act evidencing the expiration of the lease, to which the defendants refused. between May 2007 and February 2010. [20] Axis Energy, Corp.

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EPA and BSEE Team Up to Resolve Offshore Environmental Violations

The Energy Law

Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments. 110.4 & NPDES General Permit, Part I, Section C.3

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Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

The Second Circuit’s decision also addressed issues involving production in paying quantities and failure to pay royalties under the Louisiana Mineral Code, and a detailed discussion of those issues is also located on T he Energy Law Blog. Tauren”) In February 2006, Tauren assigned an undivided 49% interest in the Lease to Cubic Energy, Inc.

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