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Fifth Circuit Court Decides to Continue Bankruptcy Sale Protections Following Supreme Court MOAC Opinion

bankruptcy sale protections

​​The US Bankruptcy Code (USBC) provides finality and predictability for entities that purchase or lease property from a Chapter 11 Bankruptcy estate. Federal law upholds the validity of the sale or lease even if the bankruptcy court’s approval of the transaction is challenged on appeal. Federal courts were split on whether they had jurisdiction to…

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How Oil and Gas Leasing Works

oil and gas lease

​​Mineral rights owners in Texas often lease those rights to energy companies looking to discover and produce oil and gas products. Typically, energy companies research properties thought to be good prospects and then approach the owner about acquiring a lease for the mineral rights. Often, the lease agreement presented to a property owner is drafted…

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Growing Number of Privacy Laws Outlines Importance of Healthcare Providers to Prioritize Protecting Personal Information to Avoid Liability Exposure

privacy laws

​​In the age of digital and electronic everything, many people have concerns over how their personal and medical information may be shared, accessed, or saved. This has led to a constantly changing landscape of requirements to keep up with technological changes. If you want to avoid liability exposure as a healthcare provider, it’s crucial that…

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Why Texas Employers Should Review Their Pay Practices to Ensure Compliance With New DOL Overtime Rule

pay practices

​​Most Texas employers are now required to pay overtime to more salaried employees, thanks to the recent regulations update by the Department of Labor (DOL). Effective July 1, 2024, the DOL raised the minimum salary for exempting employees from overtime pay and created overtime eligibility for a much larger group of employees. The State of…

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Texas Supreme Court Dismisses Fifth Circuit Court of Appeals Class Action Lawsuit Over Underpaid Mineral Lease Royalties – The Implications It Could Have for Lease Owners

underpaid mineral lease royalties

​​The Supreme Court of Texas recently reaffirmed well-established law for determining the value of royalties to be paid according to the terms of a Texas mineral lease. The main issue in Carl vs. Hilcorp Energy and for similar lease owners was the proper allocation of post-production costs when calculating the gas production on which to…

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