5th Circus. Reject FERC orders in case of bankruptcy

0
By McCord Pagan (July 20, 2022, 6:44 PM had refused in bankruptcy proceedings.

A unanimous three-judge panel of the court sided with Gulfport Energy Corp. and against the FERC, saying the agency was wrong to order Gulfport to continue the settlement with receiver Rover Pipeline LLC because bankruptcy laws they allow companies to reject contracts, even if the agency believes doing so is against the public interest.

“Because the FERC cannot revoke a debtor’s bankruptcy law rights or the bankruptcy…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s going on with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within the articles (numbers, presentations, courts, nature of the claim and more).
  • Access to attached documents such as writs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific articles and case topics and much more!

TRY THE LAW360 FREE FOR SEVEN DAYS

Share.

Comments are closed.