Land rights and interests continue to be a prominent fixture in the legal landscape. Among other things, the ownership of highly sought-after pore space has been at the center of.
NiSource Inc. subsidiary Columbia Gas Transmission Corp. said Thursday it is testing the waters to determine the interest of Appalachian producers in a potential expansion of its existing natural gas pipeline system that would permit delivery of additional supplies to markets in the Upper Southeast, Mid-Atlantic and Northeast regions.
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A basic tenet of bankruptcy law, premised on the legal separateness of a debtor prior to filing for bankruptcy and the estate created upon a bankruptcy filing, is that prepetition debts are generally treated differently than debts incurred by the estate, which are generally treated as priority administrative expenses. However, this seemingly straightforward principle is sometimes difficult to apply in cases where a debt technically arose or was incurred prepetition, but does not become payable until sometime during the bankruptcy case.
A ruling recently handed down by the U.S. District Court for the District of Delaware highlights this issue. In