“Commercially Reasonable Efforts” in a COVID-19 and Low Oil Price World

“Commercially Reasonable Efforts” in a COVID-19 and Low Oil Price World

EisnerAmper

The COVID-19 pandemic and dramatic oil price drop have parties looking closely at their contracts to determine their rights and obligations. While much attention has been focused on force majeure and whether the COVID-19 outbreak or oil price drop supports such claims, less attention has been paid to other contract provisions…

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Author Profile
Litigation Partner -

Kevin Jacobs is a litigation partner in the Houston office of Baker Botts, LLP and the firmwide section chair of litigation. Mr. Jacobs’ trial practices focuses on commercial disputes and arbitrations for clients in the energy, chemicals, transportation, and life sciences industries. 

Author Profile
Energy Litigation and Construction Associate -

Cornelius Sweers is an energy litigation and construction associate in the Houston office of Baker Botts, LLP.  Mr. Sweers advises clients on a broad range of energy, construction, and general commercial matters. Mr. Sweers graduated with highest honors from the University of Texas School of Law in 2016.

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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