March 2016

You are browsing the site archives for March 2016.

The U.S. Department of Labor’s (DOL) focus on wage and hour violations, which caught the oil and gas industry by surprise a little more than six years ago, continues to cause problems for the energy sector. Most recently, the Wage and Hour Division announced Thursday, March 24, that oil field service companies Nova Mud Inc., Nova Hardbandings LLC and Nova Sand LLC violated overtime and record-keeping provisions of the Fair Labor Standards Act (FLSA). (more…)

Honey you really tempt me
You know the way you look so kind
I’d love to stick around but I’m running behind
You know I don’t even know what I’m hoping to find
Running into the sun but I’m running behind
Jackson Browne

In a much anticipated ruling, Bankruptcy Judge Shelley Chapman has granted the motion of Sabine Oil and Gas Corporation (No. 15-11835, USBC SDNY) to reject certain executory contracts with Nordheim Eagle Ford Gathering, LLC and HPIP Gonzales Holdings, LLC. The court issued its ruling noting that due to the procedural posture of the motion for rejection the decision was not binding on the underlying legal dispute of whether the covenants at issue run with the land. (more…)