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Black Diamond Energy of Del., Inc., In re--Black Diamond Energy of Del., Inc. v. Wyo. Oil & Gas Conservation Comm’n

Black Diamond Energy of Del., Inc., In re--Black Diamond Energy of Del., Inc. v. Wyo. Oil & Gas Conservation Comm’n

Ruling
Fine for debtor oil and gas well operator’s failure to comply with reporting and payment operations was liquidated damages for a past wrong and not excepted from the automatic stay. (Bankr. W.D. Pa.)
Issue(s)
Automatic Stay; Exceptions; Governmental Unit's Enforcement of Police or Regulatory Power.

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Commercial opinion summary, case decided on November 27, 2024 , LexisNexis #0225-003