David Allen KC, Jason Robinson KC and Henry Moore have updated Oil & gas: case law review, pre-emption rights – a Practical Law UK practice note which reviews case law on pre-emption rights in the context of a sale or transfer of interests under a joint operating agreement in the oil & gas industry.
In such a scenario, disputes as to the existence of preemption rights of joint venture partners may arise and their resolution is often crucial to the conclusion of high-value transactions. The note unpacks key themes that emerge from the case law pertaining to disputes on pre-emption rights, including when such rights can be raised, when they can be defeated and how to interpret and apply pre-emption provisions.
The note translates the key themes that emerge from the case law into practical drafting and dispute resolution tips.
The article has been published on Thomson Reuters, Practical Law’s website.
