Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles
The Energy Law Blog
JUNE 22, 2021
Lexington Land purchased the property in June 2005 but did not obtain from the prior owners an assignment of the right to sue for property damage that occurred before the 2005 sale. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property.
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