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.
see the entire lawsuit
both documents
see attached.
I will
what a circus!
After reading this I find no need to wonder why companies shy away from doing business in the State of Louisiana.
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.
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.
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.
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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