Texas Court Flips $21M Oil And Gas Royalty Ruling

Law360, New York (August 26, 2011, 7:24 PM EDT) -- A Texas appeals court on Thursday stripped a landowner of a more than $21 million judgment against Samson Lone Star LLC, ruling that the plaintiff waited too long to allege that the company fraudulently dodged royalty payments under an oil and gas lease.

The Court of Appeals for the First District of Texas ruled that if plaintiff Charles Hooks had done more to investigate Samson’s drilling of a well that crossed into an existing lease area, he would have been able to seek royalties long before...
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