Fieldwood Energy LLC, In re

Ruling: 
Transferee could not set off the remainder of what purchaser owed under the transferredagreement against the amount debtor owed under a second agreement that was rejected bydebtor. (Bankr. S.D. Tex.)
Issue: 
Setoff; Preservation of Creditor's Right to Offset Mutual Debt.
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Commercial case opionion summary, case decided on February 08,2022, LexisNexis #0322-093