Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020
The Energy Law Blog
MARCH 11, 2020
Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. UNOCAL also reserved a 3% overriding royalty.
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