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Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC

The Energy Law

2010-2267 (La. If the transferring instrument does not contain an explicit assignment of the personal right to sue for damages to the property, the right remains with the transferor.” 10/4/21), 2021 WL 4548529, —So. Louisiana Wetlands involved a 300-acre tract of land in Franklin Louisiana that had been owned by the family of James J.

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Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

9] Unsatisfied with the response, Gloria’s Ranch sent a letter on January 28, 2010 demanding a recordable act evidencing the expiration of the lease, to which the defendants refused. 1] The dispute in Gloria’s Ranch, L.L.C. Tauren Exploration, Inc. 2] The lease was granted by Gloria’s Ranch, L.L.C. Tauren Exploration, Inc.

Royalty 40