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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

20] Nonetheless, the Second Circuit’s finding that the holder of a security interest in a mineral lease may be solidarily liable with mineral lessees/mortgagors for damages under the Louisiana Mineral Code is certainly concerning given the fact that many operators finance their operations through the usage of security and credit devices.

Royalty 40
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Derivatives: ISDA Announces 2016 New York Law Variation Margin Credit Support Annex

The Energy Law

In 2011, the G20 countries requested that the Basel Committee on Banking Supervision and the International Organization of Securities Commissions ( BCBS/IOSCO ) jointly prepare minimum standards for margining requirements that would apply to non-centrally cleared derivatives. 3] The U.S.