Background
India, Corporate Finance/M&A, Insolvency & Restructuring, Khaitan & Co, Reserve Bank of India, Ministry of Corporate Affairs, Insurance Regulatory and Development Authority of India, Bank of India, National Company Law Tribunal
We discussed in the March 2020 edition of the Texas Bar Journal1 the bankruptcy court ruling by Judge Craig A. Gargotta of San Antonio in In Re First River Energy LLC that oil and gas producers in Texas do not hold perfected security interests in oil and gas well proceeds, notwithstanding the Texas Legislature’s efforts to protect producers and royalty owners following the downturn in the 1980s. The Fifth Circuit recently reaffirmed Judge Gargotta’s decision.
USA, Oklahoma, Texas, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Haynes and Boone LLP
The Chennai Bench of the National Company Law Tribunal (NCLT) has recently approved the merger of a Limited Liability Partnership (LLP) with a private limited company (Scheme). This newsflash analyses key aspects of the NCLT order permitting the aforesaid merger. Background |
India, Company & Commercial, Insolvency & Restructuring, Litigation, Khaitan & Co, Companies Act 2013 (India)