We will discuss several commonly used contracts and how parties might seek to suspend or avoid their obligations thereunder by utilizing FM provisions or frustration of purpose defenses, and on the flip side, how counterparties can try to defeat those claims.

Speakers: Lucas Liben

Event Type: Webinar

Start Date/Time:
8 July 2020, 2:00 PM EDT
End Date/Time:
8 July 2020, 3:00 PM EDT

The contracts to be examined may include the AAPL model form JOA, IADC Daywork Drilling Contract; oil, gas & mineral leases; gathering agreements; and farmout or development agreements (used in drillco transactions).