Attorney Michael Hammer Quoted in Law360 Regarding Breitburn's Chapter 11 Bankruptcy
Dickinson Wright Attorney Michael Hammer was recently quoted in the article “Breitburn’s Ch. 11 Stay Lifted for Royalty Interest Ruling,” published in Law360.
A New York bankruptcy judge partially granted a motion to lift Breitburn’s Chapter 11 litigation shield to allow a Texas court to rule on pending claims between affiliated debtors and LL&E Royalty Trust, which alleges that subsidiaries QRE Operating LLC and QR Energy LP breached an agreement by failing to pay royalties arising from an oil and gas field located in Florida and Alabama.
Mr. Hammer, who represents LL&E, told Law360 that he and co-counsel are pleased that the court agreed to let their client “pursue determination of its Texas property interests in Texas state court.”
To read the complete article, please click here.
A New York bankruptcy judge partially granted a motion to lift Breitburn’s Chapter 11 litigation shield to allow a Texas court to rule on pending claims between affiliated debtors and LL&E Royalty Trust, which alleges that subsidiaries QRE Operating LLC and QR Energy LP breached an agreement by failing to pay royalties arising from an oil and gas field located in Florida and Alabama.
Mr. Hammer, who represents LL&E, told Law360 that he and co-counsel are pleased that the court agreed to let their client “pursue determination of its Texas property interests in Texas state court.”
To read the complete article, please click here.
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