Sarah McLean

Sarah McLean

A&O Shearman

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Additional Guidance for Drafting Dedications: Delaware Bankruptcy Court Rejects Southland Dedication

The oil and gas industry in the United States is highly dependent upon an intricate set of agreements that allow oil and gas to be gathered from privately owned land. Historically, the dedication language in oil and gas...more

11/19/2020  /  Bankruptcy Code , Bankruptcy Court , Chapter 11 , Commercial Bankruptcy , Energy Sector , Oil & Gas , Sabine Oil and Gas

International Considerations – Buying Assets from Distressed U.S. Companies

The oil price plunge starting on March 6 seems like a sucker-punch to the oil and gas industry after the price decreases and market unrest as a result of COVID-19. However, for those with capital to spend, including...more

3/16/2020  /  Bankruptcy Code , CFIUS , Commercial Bankruptcy , Coronavirus/COVID-19 , Distressed Debt , Executory Contracts , Oil & Gas , Section 363 , Section 365

Midstream Companies Have Renewed Hope: Running-with-the-Land Oil and Gas Dedication Survives a Bankruptcy Challenge, Offering...

The oil and gas industry in the United States is highly dependent upon an intricate set of agreements that allow oil and gas to be gathered from privately owned land. Historically, the dedication language in oil and gas...more

10/18/2019  /  363 Sales , Bankruptcy Code , Bankruptcy Court , Chapter 11 , Commercial Bankruptcy , Corporate Restructuring , Mineral Extraction , Oil & Gas , Section 363
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