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Kentucky law Archives - DelCotto Law Group

Fiscal Distress in Kentucky Counties: What’s Next?

December 18, 2017
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Laura Day DelCotto ©2017

The 2016 US Census Report was sourced in the recent Lexington Herald- Leader article, reporting that Kentucky has the distinction of containing about 30% of the Top 30 poorest counties in the United States.   This really shouldn’t come as any surprise to anyone […]

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Legal Claims as Assets in Chapter 11

December 12, 2017
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By: Dean Langdon

It’s not unusual for a company in financial distress to be involved in some sort of litigation, with claims being asserted back and forth between one or more parties. One of the benefits of filing bankruptcy is the automatic stay, which stops prosecution of […]

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Marijuana Smoke in Bankruptcy Court?

Marijuana Industry/Assets Barred from Bankruptcy Relief

May 2, 2017
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The Office of the United States Trustee (the “UST”), an arm of the U.S. Department of Justice, just issued a one-page “reminder” letter to all chapter 7 and chapter 13 trustees nationwide: NO MARIJUANA IN BANKRUPTCY. You may read it here, it’s short and to […]

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Kentucky’s ‘At The Well’ Rule for Determining Royalties Owed Under an Oil and Gas Lease

March 15, 2016
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KENTUCKY’S “AT THE WELL” RULE FOR
DETERMINING ROYALTIES OWED UNDER AN OIL AND GAS LEASE.[1]
By:  Michael J. Gartland (Copyright 2016 ©)
 

Royalty defined.

Every oil and gas lease provides for a royalty to the landowner/lessor.  A […]

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