Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    FERC finds abrogation of gas tsas would not be in the public interest ahead of possible bankruptcy proceeding
    2020-11-06

    On October 28, 2020, FERC declined to abrogate or modify firm natural gas transportation service agreements (“Gulfport TSAs”) between Gulfport Energy Corporation (“Gulfport”) and Rockies Express Pipeline LLC (“Rockies Express”) in response to a Rockies Express petition anticipating a potential Gulfport bankruptcy filing. After an expedited paper hearing, FERC concluded that the public interest does not presently require any modification, and thus, that the Gulfport TSAs on file remain just and reasonable.

    Filed under:
    USA, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Troutman Pepper, FERC, Natural Gas Act 1938 (USA)
    Authors:
    Sidney Villanueva , Russell Kooistra
    Location:
    USA
    Firm:
    Troutman Pepper
    In re Chesapeake Energy Corporation and In re Extraction Oil & Gas, Inc.
    2020-11-04

    It is common for E&P companies in chapter 11 to seek to reject burdensome midstream contracts under Bankruptcy Code § 365. Rejection has not been permitted by bankruptcy courts where such agreements create enforceable covenants running with the land (“CRWL”) because a CRWL is a real property interest of the midstream gatherer, not just a contract right. Accordingly, before a debtor can seek to reject midstream agreements, the bankruptcy court must first determine whether an enforceable CRWL exists.

    Filed under:
    USA, Texas, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Vinson & Elkins LLP, Mediation, Title 11 of the US Code
    Authors:
    Steven M. Abramowitz , Suzanne E. Clevenger , John M. Grand , Katherine Drell Grissel , Paul E. Heath , George R. Howard , Damien R. Lyster , David S. Meyer , Harry A. Perrin , Matthew R. Stammel , William L. Wallander
    Location:
    USA
    Firm:
    Vinson & Elkins LLP
    How Midstream Providers Must Respond to Latest Exploration and Production Bankruptcies
    2020-10-26

    As predicted in Holland & Knight's Energy and Natural Resources Blog post on March 16, 2020, "Midstream Providers Can Prepare for the Next Wave of Restructurings," the dual impact of a COVID-19 demand slump and market pricing pressures would lead to a host of bankruptcy filings by exploration and production (E&P) companies.

    Filed under:
    USA, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Holland & Knight LLP, Coronavirus
    Authors:
    Keith N. Sambur , Seth R. Belzley
    Location:
    USA
    Firm:
    Holland & Knight LLP
    Delaware Bankruptcy Court Rules That Midstream Gathering Agreements Failed to Create Covenants Running With the Land
    2020-10-19

    On October 14, 2020, the honorable Christopher Sontchi, Chief Judge of the Delaware Bankruptcy Court, issued an opinion in the Extraction Oil and Gas bankruptcy case finding that certain oil, gas and water gathering agreements (the “Agreements”) did not create covenants running with the land under Colorado law and are thus subject to rejection in Extraction’s chapter 11 proceedings.

    Filed under:
    USA, Delaware, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Sidley Austin LLP
    Authors:
    Duston K. McFaul , Juliana Hoffman
    Location:
    USA
    Firm:
    Sidley Austin LLP
    FERC v. Bankruptcy Court Turf War Update
    2020-10-14

    On June 22, 2020, the Federal Energy Regulatory Commission ("FERC") issued an order concluding that FERC and the U.S. bankruptcy courts have concurrent jurisdiction to review and address the disposition of natural gas transportation agreements that a debtor seeks to reject under section 365(a) of the Bankruptcy Code (11 U.S.C. §§ 101 et seq.).

    Filed under:
    USA, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Jones Day, FERC, Title 11 of the US Code
    Authors:
    Paul M. Green , Mark G. Douglas
    Location:
    USA
    Firm:
    Jones Day
    Ninth Circuit Vacates FERC and Bankruptcy Court Orders, Avoiding Jurisdictional Dispute Over PPAs in Bankruptcy
    2020-10-15

    On October 7, 2020, the United States Court of Appeals for the Ninth Circuit (“Ninth Circuit”) vacated, as moot, two FERC orders asserting concurrent jurisdiction to review the disposition of certain Pacific Gas & Electric Corporation (“PG&E”) power purchase agreements (“PPAs”) that PG&E sought to reject through bankruptcy. In a brief memorandum decision, a three-judge Ninth Circuit panel explained that the orders had become moot when the bankruptcy court confirmed a reorganization plan that had PG&E assume, rather than reject, the PPAs.

    Filed under:
    USA, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Troutman Pepper, FERC, Ninth Circuit
    Authors:
    Tom Marshall , Adrienne L. Thompson
    Location:
    USA
    Firm:
    Troutman Pepper
    Brasília em Pauta
    2020-09-15

    Esta é a primeira edição do “Brasília em Pauta”, um boletim preparado pela equipe de Contencioso de Brasília, contendo os principais casos a serem julgados pelo Supremo Tribunal Federal (STF), Superior Tribunal de Justiça (STJ) e Tribunal de Contas da União (TCU), bem como importantes questões a serem votadas pela Câmara dos Deputados e Senado Federal.

    Filed under:
    Brazil, Banking, Employment & Labor, Energy & Natural Resources, Environment & Climate Change, Insolvency & Restructuring, Litigation, Tax, Telecoms, White Collar Crime, Mayer Brown
    Location:
    Brazil
    Firm:
    Mayer Brown
    How Do The Changes to the UK Insolvency Laws apply to Energy Companies?
    2020-09-16

    As we discussed in our previous blog relating to the Supplier of Last Resort Process, energy company insolvencies bring with them a range of different processes and requirements which other companies do not need to consider.

    Filed under:
    USA, Energy & Natural Resources, Insolvency & Restructuring, Squire Patton Boggs
    Location:
    USA
    Firm:
    Squire Patton Boggs
    Em mais uma semana delicada para o Governo, Congresso dá seguimento a matérias relevantes
    2017-07-14

    Na semana em que a Comissão de Constituição, Justiça e Cidadania (CCJC) da Câmara dos Deputados iniciou o processamento da denúncia por corrupção contra o presidente da República, Michel Temer, outras comissões aprovaram matérias importantes em diversos setores.

    Filed under:
    Brazil, Energy & Natural Resources, Insolvency & Restructuring, Projects & Procurement, Public, Tax, White Collar Crime, TozziniFreire Advogados
    Location:
    Brazil
    Firm:
    TozziniFreire Advogados
    Insolvency among electricity traders on the increase in Bulgaria
    2018-09-21

    In the wake of increased competition stemming from the recent liberalisation of the Bulgarian electricity market, more and more electricity players and major electricity traders such as Future Energy and Energy Financing Group are now facing serious financial difficulties.

    According to reports, some are now fighting to stay afloat after the initiation of insolvency proceedings. Given this increased market pressure, analysts state it is likely these and other energy traders may declare bankruptcy and face eventual liquidation.

    Filed under:
    Bulgaria, Energy & Natural Resources, Insolvency & Restructuring, CMS Cameron McKenna Nabarro Olswang LLP, Renewable energy, Electricity
    Authors:
    Kostadin Sirleshtov , Iliyan Petrov , Deyan Draguiev
    Location:
    Bulgaria
    Firm:
    CMS Cameron McKenna Nabarro Olswang LLP

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 8
    • Page 9
    • Page 10
    • Page 11
    • Current page 12
    • Page 13
    • Page 14
    • Page 15
    • Page 16
    • …
    • Next page ››
    • Last page Last »
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days