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Tulsa Commercial Litigation Blog

What is a RICO claim?

RICO stands for the Racketeer Influenced and Corrupt Organizations Act, which the United States government introduced in the 1970s to combat the mafia.  Since then, many states, including Texas and Oklahoma, have introduced their own versions, and prosecutors have...

What is a farmout agreement?

The oil and gas industry is highly competitive. Yet sometimes it is best to work with a competitor, rather than against them. Working together may mean that you can extract oil or gas that neither of you could do alone. Companies use farmout agreements when one party...