Fortune Natural Resources Corp. v. United States Department of Interior
Court of Appeals for the Fifth Circuit
1Opinion of the Court
EDITH BROWN CLEMENT, Circuit Judge:
Fortune Natural Resources Corporation (“Fortune”) owns a percentage working interest in a lease with ATP Oil & Gas Corporation (“ATP”), who filed for bankruptcy. 1 Fortune asserted a claim in ATP’s bankruptcy proceedings for decommissioning costs related to the lease. ATP sought and received approval from the bankruptcy court — over Fortune’s objection — to sell certain shelf and deepwater assets. The Final Sale Order was not stayed, and the sale closed. Fortune appealed the Final Sale Order to the district court. The district court dismissed the appeal,…
2Cases cited4 opinions
- Warth v. SeldinSupreme Court of the United States · 1975
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