Uncashed royalty checks
I am really getting a run around for some uncashed royalty checks. These checks were written by KCS in 2005 and 2006 to the account held by the Shelby County District Court. They were never cashed. KCS was then bought out by Petrohawk and they by Classic in 2011. Petrohawk says to get the money from Classic and Classic says to get the money from Petrohawk.
I would think that when Classic acquired Petrohawk they would have assumed Petrohawks liabilities and cash reserves. I am at my wits end. Guess I will have to call the lawyer. Classic is of course in contempt of a Shelby County District Court Order to release all funds. So it goes.
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
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ContinuePosted by Char on May 29, 2025 at 14:42
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