Legal Opinion
Terry Oilfield Supply Co., Inc. v. American Security Bank, N.A.
District Court, S.D. Texas
Decided April 10, 1996No. Civ. A. H-91-2926PublishedCited by 4 opinions
1Opinion of the Court
Opinion on Liability & Damages
HUGHES, District Judge.
1.Introduction.
Operating as a debtor in possession, a gas producer conveyed to a drilling contractor an interest in gas to be produced from and in a gas purchase agreement with a transmission company. The conveyance was consideration for two multiple-well drilling contracts. As it emerged from bankruptcy, without consulting Terry the producer canceled the contract rights with the transmission company as part of a settlement of a judgment against the transmission company. The reorganized debtor is obliged to pay the drilling contractor for…
2Cases cited13 opinions
- Texas Company v. W.H. DaughertyTexas Supreme Court · 1915
- Sheffield v. HoggTexas Supreme Court · 1934
- Tennant v. DunnTexas Supreme Court · 1937
- Indemnity Ins. Co. of North America v. W. L. Macatee & SonsTexas Commission of Appeals · 1937
- Atlantic Richfield Co. v. Long TrustsCourt of Appeals of Texas · 1993
8 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- TM Patents, L.P. v. International Business MacHines Corp.District Court, S.D. New York · 2000
- Grynberg v. WaltmanColorado Court of Appeals · 1996
- In re Eastman Kodak Co.United States Bankruptcy Court, S.D. New York · 2013
- Ramco-Gershenson Properties, LP v. Service Merchandise Co., Inc.District Court, M.D. Tennessee · 2003