Federal Judge $53.5 Million Settlement Precludes Ritchie County Royalty Claims
“A federal judge has ruled in favor of one of West Virginia’s largest natural gas producers looking to block gas leaseholders from going after the company in Ritchie County Circuit Court. U.S. District Judge John Preston Bailey sided with Pittsburgh-based EQT Corp. after it asked the U.S. District,” reports Charleston Gazette Mail in their blog.
“EQT had argued that a 2019 $53.5 million class-action settlement agreement to resolve a lawsuit that alleged the company was shorting thousands of state residents and businesses on gas royalty payments prohibited further action against the company for royalty claims. In the litigation, the plaintiffs are residents Philip Williams, Timothy.”