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New Business Courts: Strategic Considerations for Oil and Gas Counsel

Producer's Edge

The Texas Business Courts will potentially impact a wide range of cases, from high-value contract disputes to intricate corporate governance issues. What potential pros and cons may arise from submitting a case to the new Business Courts? How might existing agreements and future contracts be affected by this new forum?

Oil 52
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Supreme Court Punts on Important Arbitrability Question

The Energy Law

The distributor argued that the inclusion of its request for injunctive relief brought the case under the carve-out in the arbitration provision. This is now the second time this case has been before the Supreme Court on issues of arbitrability. It also rejected the “wholly groundless” exception altogether. 3d 1010 (2d Cir.

Casing 76
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Derivatives: Non-Cleared Swaps Variation Margin Update – Limited Relaxed Enforcement by the CFTC, Prudential Regulators and European Supervisory Authorities

The Energy Law

The Prudential Regulators and ESAs lack authority to issue similar no-action relief to suspend enforcement and have instead offered guiding principles for examiners to implement a risk-based compliance review on a case-by-case basis. 6, 2016). [4] 4] CFTC Letter No. 17-11 is available here. [5] 30, 2015). [6]