Judge Skeptical Of Quick Appeal In Sabine Midstream Dispute
Law360, New York (June 1, 2016, 9:59 PM EDT) -- A New York bankruptcy judge seemed hesitant Wednesday to grant a midstream service provider's request for a quick appeal of a rejected gathering contract with Sabine Oil & Gas as part of an ongoing dispute between the parties that has been followed closely by the oil and gas industry.
During a court hearing in Manhattan, U.S. Bankruptcy Judge Shelley Chapman expressed reservations about bids by midstream service provider Nordheim Eagle Gathering for a direct appeal to the Second Circuit of previous orders allowing Sabine to reject the gathering contract in Chapter 11, and possibly delay confirmation of a restructuring plan during...
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