Nine Point Energy Wins 8th Circuit Affirmance

Skadden, on behalf of Nine Point Energy, LLC, successfully opposed an appeal brought by Slawson Exploration Company, Inc., a creditor of Nine Point, to establish that its claims against Nine Point “ran with the land” and therefore were not discharged under Nine Point’s 2017 Chapter 11 plan. In a July 20 opinion, a three-judge panel of the U.S. Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the District of North Dakota granting summary judgment in Nine Point’s favor.