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Monday, August 15, 2016

PA Judge Says Chesapeake Energy Royalty Lawsuit Cannot Be a Class Action

From PennLive:
A Bradford County couple may continue their federal lawsuit that alleges Chesapeake Energy and its affiliates wrongly reduced natural gas royalty payments, but it will not be a class action. 
U.S. Middle District Judge John E. Jones III Monday ruled there is no provision in the lease of Edward M. and Kathleen Ostroski that allows for class arbitration. 
The Athens-area couple had sought to represent more than 2,000 property owners in Pennsylvania who they allege in aggregate have been cheated out of more than $5 million in royalty payments. 
Leases with Chesapeake, an Oklahoma City company, state disagreements are to be submitted to arbitration.
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