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Firm News November 15, 2022
Gibson Dunn Promotes 37 Lawyers to Partnership
Gibson, Dunn & Crutcher LLP has elected 37 lawyers to its partnership, effective January 1, 2023.
Client Alert May 27, 2020
Texas Supreme Court Rules That “Anti-Washout” Clause Purporting to Extend Overriding Royalty Interests to a “New Lease” Violates Rule Against Perpetuities
On May 15, 2020, the Texas Supreme Court held that a broad “anti-washout” provision extending overriding royalty interests to a new lease for the same assets was invalid under Texas’s “rule against perpetuities,” though such a provision is subject to judicial reformation under Texas property laws.