Bankruptcy Discharge Bars Claim of Purchaser Agst Former Oil Well Operator

In Shelton Property Rural Acreage, LLC v Placid Oil Co., 2011 U.S. App. LEXIS 16681 (5th Cir. 8/10/11), Placid Oil operated oil wells on leased property from 1942 to 1956. In 1986, Placid filed a chapter 11 bankruptcy proceeding. The bankruptcy court issued a confirmation order in 1988 that contained a discharge of all claims […]

Bankruptcy Discharge Bars Claim of Purchaser Agst Former Oil Well Operator Read More »