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HTMLU.S. Fifth Circuit Denies Claim for Royalties on Hedging Activity
Cheryl Mollere Kornick, Joe B. Norman; Liskow & Lewis A Professional Law Corporation;
Legal Alert/Article
August 7, 2013, previously published on August 5, 2013
In what may be the first decision on the subject, the United States Fifth Circuit Court of Appeals has rejected an attempt by royalty owners to seek a royalty share of profits made by a lessee from the lessee’s hedging activities.