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The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . Tackling this problem, the Louisiana Legislature in 2006 enacted La. 2d 686 (La.
In Cannisnia Plantation , the Louisiana Second Circuit faced the issue of whether a mineral servitude owner conducted good faith operations sufficient to interrupt the prescription of non-use of a mineral servitude. A well was spud on March 28, 2006. The mineral servitude owner disagreed with the notice and refused to comply.
Moreno and Robert E. The 1987 amendments to the Clean Water Act (“CWA”) added language creating a permitting exemption for uncontaminated runoff from Oil and Gas operations. Thus, under the 2006 regulations, stormwater from Oil &Gas sites that only contained sediment was always exempt from permitting. By Carlos J.
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . Tackling this problem, the Louisiana Legislature in 2006 enacted La. 2d 686 (La.
In 2006, however, BlueStone acquired the lease and became responsible for paying royalties on production thereunder. For almost a decade, the original lessee to the agreements never subtracted post-production costs from the royalty owners’ royalty payments. If not superseded, BlueStone would be permitted to deduct post-production costs.
In 2006, however, BlueStone acquired the lease and became responsible for paying royalties on production thereunder. For almost a decade, the original lessee to the agreements never subtracted post-production costs from the royalty owners’ royalty payments. If not superseded, BlueStone would be permitted to deduct post-production costs.
The plaintiff, Martha Ellison d/b/a Ellison Lease Operating, alleged that the defendant lessees, Samson Resources Company (“Samson”), COG Operating LLC (“Concho”), drilled and operated a well on her leasehold. See 2021 WL 1432222 (Tex. What ensued was a long legal battle with an ironic outcome.
The plaintiff, Martha Ellison d/b/a Ellison Lease Operating, alleged that the defendant lessees, Samson Resources Company (“Samson”), COG Operating LLC (“Concho”), drilled and operated a well on her leasehold. See 2021 WL 1432222 (Tex. What ensued was a long legal battle with an ironic outcome.
In 2006, however, BlueStone acquired the lease and became responsible for paying royalties on production thereunder. Factual and Procedural Background. For almost a decade, the original lessee to the agreements never subtracted post-production costs from the royalty owners’ royalty payments. Burlington Resources Oil & Gas Co.,
Further bad news, the regulation of IARs differs among the states and advisers are wise to have their lawyer or compliance professional review the law relating to registration of solicitors and IAR’s in each state in which the adviser has operations. For many investment advisers, CPAs are a big source of referrals.
ACT 312 BEFORE THE NEW LEGISLATION Act 312 of the 2006 legislative session was enacted in response to judicial decisions that awarded significant damages for remediation costs with no obligation for landowners to actually use such awards for cleanup work. The legislature responded by enacting Act 312.
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