Fifth Circuit holds purchase and sales agreement complies with Statute of Frauds
The Energy Law Blog
FEBRUARY 20, 2012
By Joanna Nelson : Preston Exploration Co., L.P. v. GSF , L.L.C., Cause No. 10-20599, 2012 U.S. App. LEXIS 1873 (5th Cir. Tex. Feb. 1, 2012) The Fifth Circuit recently vacated a judgment in the U.S. District Court for the Southern District of Texas, holding that the lower court had improperly conflated “two distinct principles – whether parties come to a meeting of the minds as to the subject matter of a contract with whether a writing’s legal description is sufficient to meet the statute of
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