Sabine Saga: Second Circuit Upholds Rejection but Cites Approach that Could Broadly Undercut Texas Gathering Agreements

On May 25, 2018, the U.S. Court of Appeals for the Second Circuit affirmed a district court decision finding that producer Sabine Oil and Gas Corp. could reject certain midstream gathering contracts in its bankruptcy case.i

Filed under:
USA, Texas, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Sidley Austin LLP, Bankruptcy, Second Circuit, US District Court for the Southern District of New York
Authors:
James F. Conlan , Duston K. McFaul , Glenn L. Pinkerton , David E. Kronenberg
Location:
USA
Firm:
Sidley Austin LLP