10th Circ. Orders New Panel In CO2 Royalty Fight

Law360, New York (December 22, 2009, 3:07 PM EST) -- A federal appeals court has ruled that a new arbitration panel should be formed to hear a dispute between Shell Oil Co. and others over accounting practices in a class action settlement involving a carbon dioxide source.

In a decision Monday, a three-judge panel of the U.S. Court of Appeals for the Tenth Circuit reversed the U.S. District Court for the District of New Mexico's finding that the matter should be heard by a previously formed arbitration panel, saying that finding is contrary to an arbitration...
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