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Fifth Circuit Rules That Chapter 11 Debtors May Reject Filed-Rate Contracts Without FERC Permission - Insolvency/Bankruptcy

In FERC v. Ultra Resources, Inc. (In re Ultra Petroleum Corp.), 2022 WL 763836 (5th Cir. Mar. 14, 2022), the U.S. Court of Appeals for the Fifth Circuit issued a long-awaited ruling on an appeal. ....

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Fifth Circuit Rules that Chapter 11 Debtors May Reject Filed-Rate Contracts Without FERC Permission | Jones Day

In FERC v. Ultra Resources, Inc. (In re Ultra Petroleum Corp.), 2022 WL 763836 (5th Cir. Mar. 14, 2022), the U.S. Court of Appeals for the Fifth Circuit issued a long-awaited ruling on. ....

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FERC Commissioner Danly Issues Dissent on Tucson Electric Power

WASHINGTON, April 22 The U.S. Department of Energy's Federal Energy Regulatory Commission issued the following dissent by Commissioner James Danly on a decision (Docket No. ER21-47-000) involving Tucson Electric Power Co., Arizona: The legal question in this case is whether the Commission can abrogate a contract to sell electricity pursuant to market-based rate ....

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