Texaco Inc. v. Board of Commissioners for the LaFourche Basin Levee District (In Re Texaco Inc.)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
ADLAI S. HARDIN, Jr., Bankruptcy Judge.
Table of Contents
Page
Summary.541
Background.542
The Texaco bankruptcy.542
The “Global Motion” for assumption of oil and gas agreements.542
Texaco’s “reserv[ation of] its rights to contend” in paragraph 41.546
The July 10 Order.546
The October 7 Order.550
The Louisiana Land case.551
The Levee District Leases and State Court Claims.552
Texaco’s Position on this Motion 555
DISCUSSION.556
I.Failure to assume leases did not result in discharge of Texaco’s ongoing and future obligations as lessee-operator.556
II.Equitable estoppel and Constitutional due process preclude…
2Cases cited42 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
- In Re Cochise College Park, Inc.Court of Appeals for the Ninth Circuit · 1983
- Readco, Inc., R.D.P. Associates, Lan Associates Xii and Antonio Reale v. Marine Midland Bank Eagle Rock Holding, Inc., a New York Corp.Court of Appeals for the Second Circuit · 1996
- In the Matter of Greystone III Joint Venture, Debtor. Phoenix Mutual Life Insurance Company v. Greystone III Joint VentureCourt of Appeals for the Fifth Circuit · 1992
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- In Re MarshallUnited States Bankruptcy Court, C.D. California · 2003
- Gray Ex Rel. Dehon Inc. v. Western Environmental Services & Testing, Inc. (In Re Dehon Inc.)United States Bankruptcy Court, D. Massachusetts · 2006
- In Re HernandezUnited States Bankruptcy Court, D. Arizona · 2002
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