Texas Legislature to Consider Oil and Gas Lien Law Amendment
Energy & the Law
APRIL 19, 2021
Co-author Brittany Blakey. Texas lien law in some cases does not require the filing of a financing statement for priority perfection. However, as you might have learned in In re First River Energy , the Delaware Uniform Commercial Code did not recognize the priority of Texas producers’ unfiled, unperfected security interests in proceeds under Texas Business and Commerce Code Section 9.343.
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