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SVB Receivership and Related Disruption: an Evolving Situation

On March 10, 2023, California regulators shut down Silicon Valley Bank (SVB) and the Federal Deposit Insurance Corporation was appointed its receiver. All FDIC-insured deposits were transferred to the newly created Deposit...more

Fifth Circuit: Make-Whole Premiums Should Be Disallowed in Bankruptcy

The United States Court of Appeals for the Fifth Circuit issued a ruling on Oct. 14, 2022 regarding the treatment of make-whole premiums in bankruptcy. The court held that claims for payment of a make-whole premium are the...more

Texas Bankruptcy Ruling Reinforces Dedication Clauses in Gas-Gathering Agreements

A Texas bankruptcy court recently ruled that dedication clauses in gas-gathering agreements run with the land and cannot be rejected by a debtor. That decision, In re Alta Mesa Resources, Inc., affirms an industrywide...more

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