Greg Meece Quoted in Law360 on Energy Litigation

“3 Kinds Of Legal Battles Being Fueled By Low Oil Prices”

With the plunge in oil prices into its second year, the financial squeeze on the U.S. oil patch is only getting tighter.

Joint operating agreements are also feeling the strain.

“As prices continue to languish, some of the parties who aren’t as financially capable of surviving are sometimes reneging on their obligations under these JOA or farm-out agreements,” Thompson & Knight LLP litigation partner Greg Meece said.