Venoco Tells High Court To Scrap Calif. Takings Suit Challenge
By Matt Fair ( August 18, 2021, 9:58 PM EDT) -- A trustee for bankrupt oil driller Venoco LLC urged the U.S. Supreme Court on Wednesday to reject an appeal bid from a California state agency challenging a decision that it could not rely on sovereign immunity to avoid claims in Chapter 11 proceedings to recoup seized assets....
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