Chesapeake Suit To Decide Who Foots The Gas Delivery Bill
Law360, Dallas (March 23, 2015, 8:32 PM EDT) -- The Texas Supreme Court justices on Tuesday will hear argument in a Chesapeake Energy Corp. royalty dispute that has the potential to clarify whether mineral rights owners can break from tradition and enter agreements letting them off the hook for post-production costs
Chesapeake is seeking to upset a Fourth Court of Appeals decision that held two of its subsidiaries, Chesapeake Exploration LLC and Chesapeake Operating Inc., liable to plaintiff Martha Hyder and family members for about $1 million. The court, affirming a trial judgment in favor of the Hyders, held that while the general rule in Texas makes overriding royalties like...
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