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IN RE SOUTHLAND ROYALTY CO. LLC

Case No. 20-10158 (KBO) Adv. Proc. No. 20-50551 (KBO).

623 B.R. 64 (2020)

IN RE: SOUTHLAND ROYALTY COMPANY LLC, Debtor. Southland Royalty Company LLC, Plaintiff, v. Wamsutter LLC, Defendant.

United States Bankruptcy Court, D. Delaware.

Signed November 13, 2020.

Attorney(s) appearing for the Case

K. Mallory Brennan , Szra Coelho , Randall Martin , Blaine Scott , Deke Shearon , Foteini Teloni , Shearman & Sterling LLP, New York, NY, Jacob R Fields , David R Whittlesey , Shearman & Sterling LLP, Austin, TX, C. Luckey McDowell , Ian Roberts , Shearman & Sterling LLP, Dallas, TX, M. Blake Cleary , S. Alexander Faris , Elizabeth Soper Justison , Michael S. Neiburg , Young, Conaway, Stargatt & Taylor, LLP, Wilmington, DE, Brett Shea Turlington , Andrew R. Workman , Morris Nichols Arsht & Tunnell LLP, Wilmington, DE, for Debtor.

OPINION1

I. INTRODUCTION

The above-captioned adversary proceeding springs from a gas gathering agreement, referred to as the L63 Agreement, between plaintiff-debtor Southland Royalty Company LLC ("Southland

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