Texas Oil Royalty Owner Faces Reduced Damages In $21M Suit

By Michelle Casady (March 15, 2016, 5:03 PM EDT) -- A Texas appellate court ruled Tuesday that a lease holder in a $21 million oil-and-gas royalty dispute who alleged Samson Lone Star LP filed fraudulent public records to avoid paying royalties can either accept downsized damages or have the case sent back for a new trial.

The high court in January 2015 had reversed an earlier ruling by the First Court of Appeals that the family of Charles Hooks III waited too long to file its suit against Samson. That suit alleged the energy company had filed fraudulent public records with the Texas Railroad Commission, the state's General Land Office and in county land...

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