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New Business Courts: Strategic Considerations for Oil and Gas Counsel

Producer's Edge

For in-house counsel in the oil and gas industry, this development warrants close attention and careful consideration. For example: How will the limited jurisdiction of these new courts fit within the types of disputes common in the oil and gas sector? 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

On January 25, 2021, the United States Supreme Court dismissed, as “improvidently granted,” a writ of certiorari it had previously granted on a petition asking it to consider “[w]hether a provision in an arbitration agreement that exempts certain claims from arbitration negates an otherwise clear and unmistakable delegation of questions of arbitrability (..)

Casing 76
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DOI Announcement of a Proposed Rule on Risk Management, Financial Assurance and Loss Prevention

The Energy Law

In addition, the Proposed Rule removes the requirements that Treasury securities be pledged to fund the decommissioning account before the amount of funds in the account equals the maximum amount insurable by the Federal Deposit Insurance Corporation (FDIC).