Producer's Edge
DECEMBER 3, 2024
Additionally, the court considered that the deed used the word “Grantors” in other parts of the document but switched to “landowner’s usual 1/8 royalty” in the granting clause. But generally, the royalty interests at issue affected over 300 individuals. By way of background, in 1955 J.D.
The Energy Law
NOVEMBER 7, 2014
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.
The Energy Law
APRIL 7, 2020
The existing equity for corporations is represented by shares of stock, and the issuance of additional shares of stock typically is addressed in the certificate of formation, by-laws, articles of incorporation or other organizational documents. Finally, there are SMBs organized as limited partnerships under state law.
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