Eric Skanchyfocuses his practice on the California oil and gas industry. A member of the firm’s Environment, Land Use and Natural Resources group, he works with clients to acquire and lease mineral rights and he prepares drilling, division order and acquisition title opinions. Earlier in his career, Eric worked as a District Landman where he analyzed oil and gas leases and assisted with due diligence for several multimillion dollar purchases of oil and gas assets.
A Sacramento bankruptcy judge issued a hard hitting judgment against Bank of America for the way it handled a single residential foreclosure in Lincoln, California. Referring to the famous novelist whose works evoke oppressive and nightmarish characteristics, Judge Klein wrote: “Franz Kafka lives… [and] he works at Bank of America.” This ruling has been widely … Continue Reading
It is well known that under California law a real estate broker may act as a “dual agent” for both the seller and the buyer in a property transaction, provided both parties consent to the arrangement after full disclosure. In such representation, a dual agent owes fiduciary duties to both buyer and seller. Pursuant to … Continue Reading
Last week, the California Court of Appeal ruled that a property owner was entitled to a jury trial in a dispute with a lender despite the fact that the loan agreement contained a jury waiver provision and a New York choice-of-law provision. The case involved the San Francisco apartment complex known as the Rincon Towers. … Continue Reading