Unpaid Royalties Not Ch. 11 Estate Property, 3rd Circ. Says

By Clara Geoghegan (January 26, 2024, 7:56 PM EST) -- Underpaid royalties on natural gas from leased land are property of the landowners under Colorado law, the Third Circuit has ruled, overturning a Delaware bankruptcy court's finding that the disputed funds belonged to the Chapter 11 estate of a former drilling company....

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