Where to Form an Entity The Best State to Start Your Business written by Andrew Clinton When selecting where to form an entity, initial considerations should be your place of residence and the site of business operations. This allows you to avoid filings for an out of state, foreign entity if you’re technically doing business… Read more »
Posts By: Rachel
What Type of Entity Do I Need?
What Type of Entity Do I Need? Selecting the Best Type of Company written by Andrew Clinton The first question we usually get when someone wants to form a company is, “What type of company do I need?” In order to answer this question, you will need to consider the proposed future for the entity,… Read more »
Business Formation
How to Form a Business Entity written by Andrew Clinton At the beginning of each year, as people seek to fulfill their new year’s resolutions, our clients often consider future opportunities and the prospect of creating their business entity. The task can seem daunting with the myriad of forms to be filed with the respective… Read more »
Solvay Chemicals, Inc. v. Wyoming Department of Revenue
Solvay Chemicals, Inc. v. Wyoming Dep’t of Revenue 2022 WY 122 From 2012 to 2015, Solvay Chemicals, Inc. (Solvay) fueled its soda ash processing plant in part with waste mine gas (WMG) released from its trona mining operations. The Wyoming Department of Revenue (DOR) and the Wyoming Department of Audit (DOA) audited Solvay’s WMG production…. Read more »
In re Ultra Petroleum Corp.
In Re Ultra Petroleum Corp. 251 F.4th 138 (5th Cir. 2022) The Fifth Circuit was recently tasked with interpreting provisions of the Bankruptcy Code after an oil and gas company filed for bankruptcy prior to becoming solvent (i.e., able to pay their debts) again during the proceedings. Ultra Petroleum Corp. first proposed a plan to pay all… Read more »
Case Law Update: Field Intelligence Inc. v. Xylem Dewatering Solutions Inc.
Field Intelligence Inc. v. Xylem Dewatering Solutions Inc. No. 21-2087 (3d Cir. 2022) Appellant Xylem, a manufacturer and seller of large-capacity water pumps, hired Field in 2012 to develop hardware to interface with pumps and computer software. A Non-Disclosure Agreement was signed in 2013 pertaining to the disclosure and protection of confidential information. This 2013… Read more »
Case Law Update: TEP Rocky Mountain, L.L.C. v. Record TJ Ranch Ltd. Partnership
TEP Rocky Mountain LLC v. Record TJ Ranch Ltd. Partnership 2022 WY 105, 516 P.3d 459 (Wyo. 2022) This suit was brought out of an assignment of a Surface Use Agreement (“SUA”) from WPX Energy Rocky Mountain, L.L.C. (“WPX RM”) to Moriah Powder River, L.L.C. (“Moriah”). As the SUA included “consent to assign” language, WPX… Read more »
Case Law Update: SandRidge Energy, Inc. v. Barfield
SandRidge Energy, Inc. v. Barfield 2022 WL 815864 (tex. Mar. 18, 2022) A week after the Texas Supreme Court’s decision in Energen Resources Corp. v. Wallace, the Court addressed another Chapter 95 case. This case involved a lineman who was severely injured after working on power lines owned by Sand Ridge. The lineman argued that… Read more »
Case Law Update: Pape Partners, Ltd. v. DRR Family Properties LP
Pape Partners, Ltd. v. DRR Family Properties LP 2022 WL 1592723 (Tex. May 20, 2022) In 1986, Lola Robinson owned the water rights appurtenant to a 1,086-acre farm pursuant to two separate permits issued by the Texas Commission on Environmental Quality (TCEQ). In 1990, the two permits were replaced with a single permit, including an… Read more »
Case Law Update: Kingfisher Wind, L.L.C. v. Wehmuller
In 2015 Kingfisher Wind, LLC (Kingfisher Wind) began construction of a wind farm that was split between Kingfisher and Canadian Counties in Oklahoma (the “Counties”). This case concerns the discrepancy in value placed on the property by the Kingfisher and Canadian County Tax Assessors, and Kingfisher Wind, as Kingfisher Wind valued their property at almost… Read more »
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