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The Legal Intelligencer

Eddystone Rail Co., LLC v. Bridger Logistics, LLC, PICS Case No. 17-1256 (E.D. Pa. July 19, 2017) Kelly, S.J.(15 pages).

The court found that it had specific jurisdiction over the individual defendants in plaintiffs action alleging claims of alter ego, intentional fraudulent transfer, constructive fraudulent transfer and breach of fiduciary duties of care and loyalty to creditors and the complaint adequately alleged colorable claims against each defendant. Motions to dismiss denied.
3 minute read

The Legal Intelligencer

In Re SemCrude L.P., PICS Case No. 17-1260 (3rd Cir. July 19, 2107) Ambro, J. (42 pages).

District court and bankruptcy court properly granted summary judgment in oil producers' action alleging they had a security interest in oil sold by debtor to downstream purchasers and alleging common-law fraud because there was no evidence of fraud, purchasers bought the oil free of any purported security interest as buyers for value or as buyers in the ordinary course of business, the Texas and Kansas UCC laws did not give producers an automatically perfected security interest where the debtor was located out of state and the Oklahoma production revenue standards act did not apply to downstream purchasers.
4 minute read

Texas Lawyer

Norton Rose Fulbright, Milbank Land Roles in $220M Tesco Deal

Partners in Houston and Calgary lead Norton Rose Fulbright's deal team for Tesco Corp., which has agreed to be acquired by Nabors Industries.
18 minute read

National Law Journal

W.Va. Solicitor General Elbert Lin, Clean Power Plan Opponent, Will Leave Post

Elbert Lin, West Virginia solicitor general who led the state's court fight against the Obama administration's Clean Power Plan, is leaving his post, according to the state's attorney general.
2 minute read

Texas Lawyer

Trial Lawyer David Elrod, 3 Others Move to Shackelford Bowen

Litigator David Elrod of Dallas, who has practiced at litigation boutiques for many years, said he expects to build his energy litigation practice at regional firm Shackelford, Bowen, McKinley & Norton.
6 minute read

The American Lawyer

Will a Tax to Cut Carbon Dioxide Emissions Reduce Litigation Work, Too?

It's a proposal to curb carbon dioxide emissions that even Exxon can love, and it could have big implications for lawyers who counsel clients on energy and environmental matters.
7 minute read

Daily Report Online

Feds Pursue $15M Stolen in Oil/Gas Fraud Scheme

For four years, salesmen in Tennessee and Florida boiler rooms sold prospective investors on what they claimed were oil and natural gas projects "tailored for the conservator investor," guaranteeing them 15-55 percent "safe and consistent" annual returns that would "last for decades."
8 minute read

The American Lawyer

Nothing 'Negative' About Philadelphia Lawyers? Texans Talk It Over in Duane Morris Case

Is running a trial practice at a corporate Phlia. firm "kind of like being the second-best ballerina in Galveston"? Maybe to these Houston litigators.
20 minute read

New York Law Journal

ARS Kabirwala, LP v. EL Paso Kabirwala Cayman Co.

Unjust Enrichment, Implied Covenant Claims Dismissed as Duplicative of Breach Claims
2 minute read

The Legal Intelligencer

Obermayer Hire Targets Energy Deals, Pittsburgh Growth

A partner from Jackson Kelly is hopping firms and state lines, taking his Wheeling, West Virginia-based energy-focused transactional practice to Obermayer Rebmann Maxwell & Hippel in Pittsburgh.
3 minute read

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