Before you lease your mineral rights, make sure that you know what you have so that you understand what you are giving up. Contrary to popular opinion, not all mineral rights are the same. The value of your rights depends on the location of your land, the location of nearby wells, the production of nearby […]
Before You Lease Your Minerals, Check the Facts Read More »
Check out these links from Texas A&M Law Review’s 6th Annual Energy Symposium. Ian Ghrist from Ghrist Law Firm was proud to be a presenter and to talk about mineral rights in urban parts of Texas. Speaker Snapshot Video Electronic Symposium Materials
Texas A&M Law Review – 6th Annual Energy Symposium Read More »
Virtually all mortgage loans are drafted to encumber the mineral estate with a lien. Lender consent is generally expressly required to lease the minerals. Despite this requirement, many operators, particularly in urban areas have become lax about obtaining subordination agreements. To solve the problem, Bill HB 2590 was promoted, which passed the Texas House and
The short answer is that with installment loans, the statute of limitations begins to accrue on each installment as it comes due. Once the payments are accelerated, then the statute begins to run on the balance of the debt. If the loan is on real estate, however, then the limitations period does not begin to
When the Statute of Limitations Begins to Run on Installment Loans Read More »
One bankruptcy court says yes. Here is an argument for the answer being no. Under Section 5.077(d), the volume-dealer penalties apply to “A seller who conducts two or more transactions in a 12-month period under this section . . . .” One bankruptcy court has interpreted this provision as meaning that the volume-dealer penalties apply
