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Restraints on Alienation and Consent-to-Assign in Light of Mayo Foundation vs. BP

Contains material from May 2022

Restraints on Alienation and Consent-to-Assign in Light of Mayo Foundation vs. BP
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Review the historical uncertainty in Texas law about the enforceability of various types of consent-to-assign provisions that can be found in a mineral lease, with the additional context of recent federal court guidance from Mayo Foundation v. BP (N.D. Tex. 2020) on when a lessor may or may not be acting “reasonably” in withholding its consent.

Includes: Video Audio Paper Slides

  • Total Credit Hours:
  • 0.50
  • Credit Info
  • TX, CA
  • Specialization: Administrative Law | Oil, Gas and Mineral Law | Property Owners Association Law | Real Estate Law
  • TX MCLE credit expires: 6/30/2024

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1. Restraints on Alienation and Consent-to-Assign in Light of Mayo Foundation vs. BP (May 2022)

T. Ray Guy, Jason E. Wright

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29 mins
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Session 1 —29 mins
0.50
Restraints on Alienation and Consent-to-Assign in Light of Mayo Foundation vs. BP (May 2022)

Review the historical uncertainty in Texas law about the enforceability of various types of consent-to-assign provisions that can be found in a mineral lease, with the additional context of recent federal court guidance from Mayo Foundation v. BP (N.D. Tex. 2020) on when a lessor may or may not be acting “reasonably” in withholding its consent.

Originally presented: Apr 2022 Oil, Gas and Mineral Law Institute

T. Ray Guy, Frost Brown Todd LLC - Dallas, TX
Jason E. Wright, Wright Commercial Litigation - McKinney, TX