Permalink Reply by Gerald Mitchell Moody on October 4, 2016 at 7:23 CLB vs MRD and Hunter Temple filed in Lincoln Parish then Federal Court then in Lincoln Parish now back in Federal Court. A friend sent this to me. This was filed yesterday.
Permalink Reply by Gerald Mitchell Moody on October 4, 2016 at 7:25 see the entire lawsuit
Permalink Reply by Gerald Mitchell Moody on October 4, 2016 at 7:28 both documents
Permalink Reply by Gerald Mitchell Moody on October 4, 2016 at 8:12 see attached.
Permalink Reply by Gerald Mitchell Moody on October 4, 2016 at 8:02 I will
Permalink Reply by Gerald Mitchell Moody on October 4, 2016 at 9:28 what a circus!
Permalink Reply by Two Dogs, Pirate on October 4, 2016 at 9:41 After reading this I find no need to wonder why companies shy away from doing business in the State of Louisiana.
Permalink Reply by Skip Peel - Mineral Consultant on October 4, 2016 at 11:23 There are numerous suits filed in other states that are more void of cogent claims than the CLB case. Doing so is not endemic to Louisiana. The suit seems to strive to heap as many complaints as possible before the court when IMO the only solid case is the non-payment of interest on royalties not paid within 120 days of first production - which is hardly worth the cost of litigation.
Anyone anywhere can sue for most anything. Happens all the time. IMO energy companies do not shy away from any state over suits like this. In fact this type of suit is the cost of doing business in all states.
Permalink Reply by Gerald Mitchell Moody on October 4, 2016 at 7:30 Landowners still have not been paid. Attorneys from New Orleans attended the meeting last week at the NARO meeting with MRD/Range people at the library. They have been asking landowners if they received their payments and all the deductions on their checks.
Permalink Reply by Skip Peel - Mineral Consultant on October 4, 2016 at 11:25 Gerald, royalty deductions appear to be the real issue regarding MRD's relationship with its lessors as opposed to the issues raised in the CLB suit.
Permalink Reply by HBP on October 5, 2016 at 5:42 The CLB suit is a bit of a mess in its pleading and the case (and its 12 b 6) doesn't get at some of the actual issues that have been suggested regarding MRD (as Skip stated too). I'm hopeful that the exchanges in future matters will get to those issues.
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