Merriam-Webster defines “indemnity” as follows: 1. a: security against hurt, loss, or damage; b: exemption from incurred penalties or liabilities. Those in the oil and gas industry define it as a necessary evil, but also a tricky one. The issue of indemnity provisions in contracts has been the subject of much scrutiny by both the […]
From the General Counsel ~ Angela Staples
Based on the frequency of my articles that concern the statute of limitations, I am certain that some (many?) of you must think that I am unreasonably obsessed with the topic. While I can’t dispute that it interests me, the number of articles is actually due to the recent surge in lawsuits, and Texas Supreme […]
From the General Counsel
by Angela Staples, General Counsel, Permian Basin Petroleum Association. Texas Supreme Court Update: When does trespass occur below ground? And how actionable would such trespass be? These are questions that still have no clear answers. In the March Issue of PBOG, I discussed a case upon which the Texas Supreme Court would be hearing oral […]