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Texas Supreme Court Holds that References to “One-Eighth” in Old Oil and Gas Conveyances Presumptively Refer to the Entire Mineral Estate

The Energy Law

2016) by adopting a new rule of construction: when an antiquated oil and gas conveyance contains double fractions that include one-eighth, a rebuttable presumption arises that the parties intended for “one-eighth” to reflect the entire mineral estate, though that presumption may only be rebutted by language present in the instrument itself.

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New Judge, Same Result – $81 Million CWA Civil Penalty Appealed

The Energy Law

In January 2016, Judge Haik retired from the bench and the case was transferred to Judge Drell. In January 2016, Judge Haik retired from the bench and the case was transferred to Judge Drell. 2:08CV00893, 2016 WL 1158075, at *4 (W.D. allowing an $81 million judgment against the oil company to stand. Charles refinery.

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Privilege Claw-Back Provision Upheld by Delaware Courts

The Energy Law

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. In Great Hill Equity Partners IV, LP v. SIG Growth Equity Fund I, LLLP , 80 A.3d 3d 155 (Del. Last week, in S hareholder Representative Services LLC v.

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A New Opinion Report is Published: Assistance for Real Estate Financing Transactions

The Energy Law

167 (2016) directly addresses the particular issues facing local counsel in real estate finance transactions. A Lender in a real estate financing transaction often requires borrower’s counsel to opine on certain aspects of the transaction as a condition to the closing. & Est. L. 213 (2012) and The ACREL Papers 121 (Spring 2013).

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented. BOEM issued the last and most controversial NTL, NTL No. Below is a summary of the current regulations and some of the more significant proposed changes.

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Louisiana’s Sabine River Authority Not Entitled To Sovereign Immunity

The Energy Law

Plaintiffs alleged that despite advance knowledge of the likelihood for significant downstream flooding, SRA-L decided to open spillway gates freeing water from the reservoir into the Sabine River to alleviate elevated reservoir volumes from a cataclysmic rain storm in March of 2016. Tarrant County , 798 F.2d 2d 736, 744-45 (5 th Cir.

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Some Thoughts on Registration of CPA’s as Solicitors

The Energy Law

In 2016, Louisiana specifically required IARs to be registered and to pass a Series 65 exam or meet other third-party certifications, such as CFP, PFS, or CFA. For many investment advisers, CPAs are a big source of referrals. Often these CPAs are compensated for the referrals. This article provides some background on these requirements.

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