Kaiser-Francis Owes Fiduciary Duty In Gas Royalty Suit

Law360, New York (August 12, 2011, 5:08 PM EDT) -- An Oklahoma federal judge ruled Friday that Kaiser-Francis Oil Co. owed a fiduciary duty under certain circumstances to owners of mineral rights, who won class certification last year in a breach of contract lawsuit accusing the company of failing to pay adequate royalties.

Kaiser-Francis sought summary judgment based on court statements that it could re-examine certification of breach of fiduciary duty claims if it determined there was no such relationship between the company and the royalty owners as a matter of law. The plaintiffs contend Kaiser-Francis...
To view the full article, register now.




Case Information

Case Title

Hill et al v. Kaiser-Francis Oil Company

Case Number



Oklahoma Western

Nature of Suit

Contract: Other


David L. Russell

Date Filed

January 5, 2009

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.