News & Analysis as of

Oil & Gas Collateral Estoppel

Gray Reed

An Oil and Gas Receivership Ain’t Over ‘Til It’s Over

Gray Reed on

Remnant LLC v. Permico Royalties LLC, et al determined that a 90-year-old claim to ownership of a forfeited corporation was not valid. The players - Hoffman: By most accounts a scoundrel and con man who plied his...more

Gray Reed

No Compound Interest on Unpaid Royalties Under Texas Oil and Gas Lease

Gray Reed on

It’s not exactly Deuteronomy 23:19, but the Supreme Court of Texas has an opinion about interest. They don’t like it if it’s compounded. Samson Exploration LLC v. Bordages addressed interest to be charged on unpaid royalties...more

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