Legal Opinion

Fortune Natural Resources Corp. v. United States Department of Interior

Court of Appeals for the Fifth Circuit

Decided November 19, 2015No. 15-20151PublishedCited by 19 opinions

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

  1. Warth v. SeldinSupreme Court of the United States · 1975
  2. Rohm & Hass Texas, Inc. v. Ortiz Brothers Insulation, Inc.Court of Appeals for the Fifth Circuit · 1994
  3. In the Matter of Coho Energy Inc., Debtor. Gibbs & Bruns Llp, Cross-Appellee v. Coho Energy Inc., Appellee-Cross-Appellant v. Thomas & Culp Llp, Appellant-Cross-Appellee. Coho Energy Inc., Appellee-Cross-Appellant v. Gibbs & Bruns Llp, Cross-Appellee, Thomas & Culp Llp, Appellant-Cross-Appellee. In the Matter of Coho Energy, Inc., Coho Resources, Inc., Debtors. Gibbs & Bruns, LLP v. Thomas & Culp LLPCourt of Appeals for the Fifth Circuit · 2004
  4. Joffroin v. TufaroCourt of Appeals for the Fifth Circuit · 2010

3Cited by19 opinions

  1. Furlough v. Cage (In Re Technicool Sys., Inc.)Court of Appeals for the Fifth Circuit · 2018
  2. Aaron Caillouet v. JFK Capital Holdings, L.L.C., eCourt of Appeals for the Fifth Circuit · 2018
  3. NexPoint Advisors v. Pachulski StangCourt of Appeals for the Fifth Circuit · 2023
  4. Chittranjan Thakkar v. Bay Point Capital Partners, LPCourt of Appeals for the Eleventh Circuit · 2020
  5. Dean v. SeidelCourt of Appeals for the Fifth Circuit · 2021

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