Legal Opinion
Palm Energy Group, LLC v. Greenwich Insurance (In re Tri-Union Development Corp.)
United States Bankruptcy Court, S.D. Texas
Decided September 3, 2012No. Bankruptcy No. 03-44908; Adversary No. 11-3032PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION
MARVIN ISGUR, Bankruptcy Judge.
As part of the confirmation of Tri-Union Development Corporation’s chapter 11 Plan, parties to this adversary proceeding entered into the Turnkey Agreement and Term Sheet. The Turnkey Agreement and Term Sheet provided for the plugging and abandonment (“P & A”) of Tri-Union’s offshore oil and gas properties in accordance with federal regulations. In the Term Sheet, Tri-Union, Palm Energy Partners, LLC (“PEP”), Greenwich Insurance Company, Apache Corporation, the United States Department of the Interior, Minerals Management Service (now the…
2Cases cited27 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
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- Turner v. Baylor Richardson Medical CenterCourt of Appeals for the Fifth Circuit · 2007
- Malacara v. GarberCourt of Appeals for the Fifth Circuit · 2003
- Brumfield v. HollinsCourt of Appeals for the Fifth Circuit · 2008
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