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Invoking Mirant, Fifth Circuit Permits Rejection of a Gas Pipeline Contract

Unsuccessfully attempting to punch homes in Mirant, FERC emerged from the Fifth Circuit with no power to stop bankruptcy courts from rejecting contracts otherwise within FERC’s jurisdiction.

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Opinion Link

Case Details

Case Citation

FERC v. Ultra Resources Inc. (In re Ultra Resources Corp.), 20-20623 (5th Cir. March 14, 2022)

Case Name

In re Ultra Resources Corp.

Case Type

Business
Court