Trust To Pursue Consol Gas Royalties In State Court

Law360, New York (August 9, 2010, 4:31 PM EDT) -- A Texas-based trust has dropped a putative class action accusing Consol Energy Inc. and subsidiary CNX Gas Corp. of shortchanging lessors by improperly calculating royalties on natural gas from Virginia, electing instead to pursue the claims in a pending state court action.

Judge James P. Jones of the U.S. District Court for the Western District of Virginia on Friday approved named plaintiff Oryn Treadway Sheffield Jr. Trust's unopposed motion for dismissal of the action without prejudice.

The plaintiff requested the dismissal Wednesday, informing the court that...
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