Monday, June 15, 2026

JASTA Veto Overturn Embarrasses White House, Could Spoil Saudi Bond Offering

Saudi Arabia hoped to raise at least $10 billion from bond sales next month The Justice Against Sponsors of Terrorism Act (JASTA), which would allow families of 9/11 victims to sue Saudi Arabia in U.S. courts, became law today by virtue of a Senate override of the earlier veto by President Obama. The legislation could interfere with the kingdom’s plans

Will Texas Courts Upend Recent Decisions Applying Texas Law, Striking Down Midstream Contracts?

From Texas Lawyer The crash of oil prices beginning in late 2014 has led to over 90 exploration and production companies in the United States and Canada filing for bankruptcy over the last 21 months, companies with combined debt obligations well over US$60 billion. The current downturn has had dramatic effects on exploration and production companies, but it has also