Judge Denies New Trial For BP In $9.7M Royalty Case

Law360, New York (June 28, 2011, 9:11 PM EDT) -- A New Mexico federal judge on Tuesday refused to grant BP PLC a new trial following its $9.7 million loss in a breach of contract class action that alleged its natural gas royalty payments were too stingy.

“The court finds the motion is not well taken and it is denied,” U.S. Magistrate Judge W. Daniel Schneider said in an order refusing the company's request that he overturn a jury's March verdict.

BP had argued that evidence showing joint venture partner ConocoPhillips paid much better royalties should...
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