From The Wall Street Journal:
A federal bankruptcy judge dealt a blow to pipeline operators and other midstream oil companies Tuesday, ruling that Sabine Oil & Gas Corp. can scrap pipeline deals it made before oil and gas prices plummeted.
Judge Shelley Chapman of the U.S. Bankruptcy Court in Manhattan agreed to let Sabine out of the pipeline deals in a closely watched decision that energy and restructuring experts warn could roil the so-called midstream sector.
