Thursday, September 29, 2011
Ind. Decisions - One Indiana decision today from 7th Circuit
In Cedar Farm, Harrison County, Inc. v. Louisville Gas and Electric (SD Ind., Hamilton), a 13-page opinion, Judge Williams writes:
This case involves an attempt by the landowner Cedar Farm to expel the Louisville Gas and Electric Company from its property and terminate an oil and gas lease for violations of certain portions of the lease. Because we find that the lease allows for a damages remedy, and that Cedar Farm has not shown that damages are inadequate to compensate for the harm to its property, we affirm the district court’s grant of summary judgment to Louisville Gas and Electric on Cedar Farm’s ejectment claim.Good discussion of oil and gas leases under Indiana law.
Posted by Marcia Oddi on September 29, 2011 10:46 AM
Posted to Ind. (7th Cir.) Decisions