December 05, 2012
A Texas federal judge on Wednesday awarded Chesapeake Energy Corp. a new trial regarding Preston Exploration Co.'s $115 million breach of contract suit, saying a rereading of a Fifth Circuit decision overturning an initial Chesapeake win allowed further examinations in the case.
September 14, 2012
Chesapeake Energy Corp. on Wednesday urged a Texas federal judge to reject Preston Exploration Co.'s request for $3.2 million in attorneys' fees for a breach of contract suit, criticizing vague documentation, excessive staffing and the use of $600-per-hour partners for legal research.
July 11, 2012
A Texas federal judge ruled in favor of Preston Exploration Co. in its $115 million breach of contract suit against Chesapeake Energy Corp. for reneging on a deal for three property leases and ordered Chesapeake to go through with the sale.