About the Webinar
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We will discuss several commonly used contracts and how parties might seek to suspend or avoid their obligations thereunder by utilizing FM provisions or frustration of purpose defenses, and on the flip side, how counterparties can try to defeat those claims. The contracts to be examined may include the AAPL model form JOA, IADC Daywork Drilling Contract; oil, gas & mineral leases; gathering agreements; and farmout or development agreements (used in drillco transactions).
Free for members with Discount Code MEMBER
About the Presenters
Jorge Gutierrez is a partner located in the Dallas office of Reed Smith. Jorge is an oil and gas attorney who represents private and public exploration and production and midstream companies throughout the United States. He is certified in Oil, Gas and Mineral Law by the Texas Board of Legal Specialization. As a partner in the firm’s Energy and Natural Resources group, Jorge advises companies on the acquisition and divestiture of oil and gas properties and midstream assets, general business operations, and bank financings, and works with restructuring consultants and clients in bankruptcy or other complex financial situations.
Lucas Liben is a partner in the oil & gas team of Reed Smith’s Energy and Natural Resources group, located in the Pittsburgh office. Luke has spent nearly a decade representing energy industry clients litigating a variety of cases involving all aspects of the development of the Marcellus and Utica shales. Luke handles complex contractual disputes, including cases involving drilling contracts, joint operating agreements, and other industry specific relationships.