Exxon Asks Texas High Court To End $21M Oil Royalty Fight

Law360, Houston (November 21, 2013, 7:52 PM EST) -- Exxon Mobil Corp. told the Texas Supreme Court on Wednesday that royalty owners who claim they were duped into selling their oil and gas interests for less than they were worth shouldn’t get a new trial after losing a $21 million judgment in a previous appeal.

Exxon argued in a brief filed with the high court that the royalty owners — who lost their original judgment for breach of contract — should not be allowed to pursue fraud claims against Exxon stemming from statements it made...
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