Bankrupt Driller’s Contractors Sue To Enforce $25M In Liens

Law360, New York (August 21, 2013, 2:37 PM EDT) -- Contractors who serviced well sites of bankrupt ATP Oil & Gas Corp. on Tuesday hit the driller and two banks with an adversary suit in Texas federal court, seeking to enforce the status of over $25 million in liens they hold against ATP.

Schlumberger Technology Corp., M-I LLC, Smith International Inc. and Wireline Control Services LLC brought the suit asking the court to compel recognition of their statutory lien claims under the Louisiana Oil Well Lien Act and for declaratory judgments with regard to the validity,...
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