Bankruptcy Ruling Sets Off Cascade of Litigation over Oil & Gas Gathering Contracts
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Bankruptcy Ruling Sets Off Cascade of Litigation over Oil & Gas Gathering Contracts
By Timothy Karcher, Partner, Proskauer Rose LLP
U.S. Bankruptcy Judge Shelley Chapman of the Southern District of New York issued a bench decision on March 8, 2016, in the Chapter 11 cases of Sabine Oil & Gas Corporation (Case No. 15-11835), authorizing the debtors to reject certain executory contracts between (i) Sabine and...
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Timothy Karcher is a partner in the New York office of Proskauer Rose LLP, where his practice concentrates on complex restructuring and insolvency law, as well as financial reform and regulation. He is a co-author of the “Consumer Financial Protection Bureau Reporter” (Wolters Kluwer) and editor of “CFPB Watch,” a monthly newsletter on matters related to regulation and reform of the financial industry.
