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Texas Legislature Imposes Statutory Subordination of Real Estate Mortgages to Oil and Gas Leases

2015-08-21 08:53:55| Oil & Gas - Topix.net

The explosive growth of oil and gas leasing and drilling in the Barnett Shale play turned an issue that had always been a nuisance for the oil and gas industry into a significant problem. When an oil and gas producer takes a mineral lease from a mineral owner , that lease is subject to the rights of all prior grantees of the mineral owner, including any holders of mortgages.

Tags: real estate real estate texas

 

Statutory Accounting Fraud Under RICO

2015-06-19 12:03:09| Agriculture - Topix.net

Echoing New York's regulatory criticism concerning the use of captive reinsurers and similar allegations in recent class actions filed against several New York life insurers, an annuity contract owner has filed a putative nationwide class complaint against Fidelity & Guarantee Life Insurance Company , its indirect parent, Harbinger Group, Inc., and two affiliates based on allegations of statutory accounting fraud. Unlike the other cases, which asserted violations of New York insurance law, plaintiffs are pursuing their claims under the Racketeer Influenced and Corrupt Organization Act , 18 U.S.C. 1961 et seq.

Tags: accounting rico fraud statutory

 
 

NFU Hopeful RFS Timeline Can Restore Certainty in Biofuels Industry; Urges EPA to Stick to Statutory Target Levels

2015-04-10 20:26:07| National Farmers Union

FOR IMMEDIATE RELEASE April 10, 2015 Contact: Andrew Jerome, 202-314-3106 ajerome@nfudc.org WASHINGTON (April 10, 2015) National Farmers Union (NFU) President Roger Johnson said today that he was hopeful the U.S. Environmental Protection Agencys (EPA) timeline for releasing Renewable Fuel Standard (RFS) target levels would restore stability to an already damaged biofuels market and urged

Tags: industry levels target stick

 

Carter Charged With Statutory Rape

2015-03-13 15:49:44| Industrial Machines - Topix.net

Carter, 34, of 2519B Woodfin Ave., is charged with two counts of statutory rape by authority figure and two counts of sexual battery by authority figure.

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Korean Register receives authorisation to perform statutory services in Canada

2015-02-11 01:00:00| Ship Technology

Ship classification society Korean Register (KR) has been authorised by the marine safety and security division of Transport Canada to perform statutory services on behalf of the Government of Canada.

Tags: services register canada perform

 

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