Steadfast Financial | Law Firm Newswire

Austin, TX (Law Firm Newswire) December 16, 2014 – On October 15, the Texas Supreme Court heard oral arguments in an oil and gas royalty dispute. In the case, Steadfast Financial LLC v. Bradshaw, the owner of an executive right was sued by the owner of a nonparticipating royalty interest. The owner of the interest claimed that the owner of the right did not obtain a high enough royalty interest in a new lease. At issue is whether the executive-rights owner had a duty to secure the going royalty rate. “A central issue in this case is the extent of […]

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