MARCELLUS ROYALTY ACTION
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YOU  ARE  INVITED!

10/23/2014

 
You are invited to attend one of our two Town Hall Meetings for Bradford County royalty owners interested in learning more about how we can help enforce and protect your right to receive the royalties you are owed:
 
Tuesday, October 28, @ 6:30 p.m.
Sayre Area High School Auditorium, Sayre, PA

Wednesday, November 5, @ 6:30 p.m.
Wysox Volunteer Fire Company Banquet Hall, Lake Road, Wysox, PA

Come meet our litigation team and learn more about our approach of using direct, group actions. Learn about the latest developments in other pending arbitration and litigation proceedings. Get answers to any questions you may have. No cost. No obligation. No need to register in advance.

Note: The purpose of the these public meetings is to provide general information only. Attendance at the meeting will not result in any attorney-client relationship between us, or require you to retain the law firms as your attorneys. If you decide that you want to retain us as your attorneys, you and the law firm will have to first sign a written retainer agreement, which we will discuss at the meetings, and which you will be able to obtain on this website or by email or regular mail, by request to the email address or toll-free number below.

Chesapeake sells $5.4 billion in assets

10/16/2014

 
Big news in the oil & gas market today - Chesapeake Energy has sold $5.4 Billion in assets to Southwestern Energy, The assets include a total of 435 wells, some of which are located in southwestern Pennsylvania. The deal does not appear to involve any Chesapeake assets in or around Bradford County or northern Pennsylvania. This transaction appears to be part of Chesapeake's ongoing efforts to reduce what the Wall Street Journal today referred to as its "mammoth debt." Although it does not appear that this transaction will have any direct impact on Chesapeake royalty owners in Bradford and surrounding counties, it is, on balance, good news in that it helps to ensure that Chesapeake remains economically viable in the long run, particularly given recent declines in the price of gas. 

http://www.bizjournals.com/houston/morning_call/2014/10/southwestern-energy-buys-chesapeake-assets-for-5.html?page=all

SAVE THE DATES for  ourTown hall meetings

10/10/2014

 
SAVE THE DATES! Our Litigation Team is holding two Town Hall Meetings for Bradford County royalty owners interested in learning more about how we can help enforce and protect their rights. The first meeting will be on Tuesday, October 28, at 6:30 p.m., at the Sayre Area High School Auditorium. The second meeting will be on Wednesday, November 5, at 6:30 p.m., at the Wysox Volunteer Fire Company Banquet Hall. More details and information on registration will be posted shortly.

Class action and class arbitration "in limbo"

10/4/2014

 
Here's a link to a story from The Scranton Times Tribune earlier this week that summarizes the current status of the pending Demchak class action and Burkett class arbitration proceedings far more succinctly than I just did -- they are "in limbo." That's just one of the reasons we believe that our approach of representing individual royalty interest owners in direct, group actions, makes sense -- avoiding the delay that sometimes can be involved in the litigation of class proceedings.

http://thetimes-tribune.com/news/monday-update-gas-lease-settlement-stalled-by-legal-challenge-1.1749243

Recent developments in other pending cases

10/4/2014

 
There have been a few recent developments in some of the pending class arbitration/class action cases which have been filed by other royalty owners against Chesapeake that are worth noting. I apologize in advance for the length of this post, but believe that the subject is important enough to royalty owners to warrant a detailed discussion. Click here to read the full update. 

WHY WE PREFER GROUP ACTIONS  

10/3/2014

 
The article below, which is written by attorneys from the law firm of K&L Gates LLP who represent oil, gas and mineral companies in royalty and other disputes, discusses a recent decision by a federal circuit court in another circuit (we are in the Third Circuit) that highlights some of the potential hurdles facing royalty interest owners who try to litigate claims for underpayment of mineral royalties by class actions. Although the facts and issues involved in every case differ, these are among the the reasons we prefer a group action approach - which avoids the need to litigate these issues.   

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