Legal Opinion
In re Goodrich Petroleum Corp.
United States Bankruptcy Court, S.D. Texas
Decided July 26, 2016No. CASE NO: 16-31975, CASE NO: 16-31976 Jointly Administered OrderPublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OPINION
Marvin Isgur, UNITED STATES BANKRUPTCY JUDGE
The Fallon Family, L.P. (the “Fallon Family”), has filed an Emergency Motion to Compel Assumption or Rejection of Fal-lon Settlement Agreement. The Fallon Settlement Agreement is not executory. Additionally, the Fallon Family’s state law dissolution rights are not effective as to the Debtor pursuant to 11 U.S.C. § 544. For these reasons, the Fallon Family’s motion to compel is denied.
Background
On September 8,1954, the Fallon Family L.P.’s predecessor-in-interest Silas F. Talbert executed a mineral rights lease covering a 487 acre…
2Cases cited10 opinions
- Realty Portfolio, Inc. v. HamiltonCourt of Appeals for the Fifth Circuit · 1997
- Phoenix Exploration, Inc. v. Yaquinto (In Re Murexco Petroleum, Inc.)Court of Appeals for the Fifth Circuit · 1994
- SongByrd, Inc. v. Bearsville Records, Inc.Court of Appeals for the Fifth Circuit · 1997
- First Bank & Trust v. Redman Gaming of Louisiana, Inc.Louisiana Court of Appeal · 2013
- Robertson v. BuoniSupreme Court of Louisiana · 1987
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3Cited by1 opinion
- Mustang Gas Products, LLC v. Wells Fargo, National AssociationUnited States Bankruptcy Court, S.D. Texas · 2021