U.S. Court of Appeals for the Fifth Circuit in New Orleans. Photo: Mike Scarcella/ALM REJECTED: Oil and Gas Settlements Nixed Before US Fifth Circuit
"The vast majority of claimants in the Demchak and Brown-Suessenbach suits ... have no recourse in bankruptcy court for their pre-petition monetary claims," the Fifth Circuit concluded.
June 09, 2023 at 05:43 PM
3 minute read
Two settlements between Chesapeake Energy Corp. and 23,000 Pennsylvania landowners with royalty fee claims were rejected by the U.S. Court of Appeals for the Fifth Circuit.
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