5th Circus. Reject FERC orders in case of bankruptcy

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…

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