The crossroads of energy information for mineral owners in Oklahoma and Texas. Continental Resources quietly filed a lawsuit. 3 Plaintiffs filed a petition as a putative class against Continental on November 4, 2010. In the lawsuit, the smaller firm is asking the court to order Continental to complete the acquisition and pay attorneys fees and other costs to Casillas. The lawsuit was filed against Wolla Oilfield Services and its owner Jason Wolla in March of 2020. According to the lawsuit filed by Casillas Petroleum, Continental first proposed a delay in the closing date of the deal. U.S. District Judge The case is Casillas Petroleum Resource Partners v Continental Resources, Tulsa County Oklahoma district court, No. Anyway, I guess we'll continue to monitor this insufferable lawsuit that we hope both parties find a way to lose. 652, 665 (D. Kan. 2013). In a lawsuit it filed on April 20, 2020, Continental Resources accused Dyer and numerous co-conspirators of working with at least one of its employees to cheat the 2 Plaintiffs are four family trusts, the Strack Trusts and Ariola Trusts (collectively, "Trusts"). This post has been edited to keep it and the comments section in focus. Continental contended a 2023(B)(2) class was inappropriate because Plaintiffs were seeking primarily monetary damages, citing Harvell v. Goodyear Tire and Rubber Co., 2006 OK 24, 164 P.3d 1028. According to the lawsuit filed on April 15, the two companies struck the agreement on March 6. I don't believe the lawsuit has been reported by any media outlet. 9 Plaintiffs identified three categories of legal and equitable questions: You're all set! of City Sch. The Oklahoma Supreme Court ruled against Continental Resources Inc. this week in a lawsuit in which the Oklahoma City-based oil and gas company alleged it had been overbilled $2.4 million by a North Dakota oilfield company. WebLocation of This Business. STRACK v. CONTINENTAL RESOURCES, INC.2017 OK CIV APP 53Case Number: 114102Decided: 02/08/2017Mandate Issued: 10/27/2017DIVISION IITHE COURT OF CIVIL APPEALS OF THE STATE OF OKLAHOMA, DIVISION II. The state court, in its ruling, denied Continentals claim, stating, The mere fact that a transaction has a material impact on or nexus to a consumer in Oklahoma, without more, is not enough to invoke this states consumer protection laws. See also 52 O.S.2011, 581.1 and McCall v. Chesapeake Energy Corp., 2007 OK CIV APP 59, 164 P.3d 1120. Owner's interest, expressed as a decimal, in production from the property; Continental appeals. BBB File Opened: 6/4/2008. However, as noted by the trial court in its June 11, 2015, order, a hybrid class action may also occur when a court "bifurcate[s] the litigation into liability and damage phases and then typically begin[s] by determining the defendant's liability; in so doing, courts may certify a (b)(2) class for the liability phase or determine liability using issue certification under Rule 23(c)(4). Nine times out of 10, that's code for he's a shady screwball with no ethics who will eagerly launch a clandestine operation to acquire another company's trade secrets, and then stupidly leave behind the text message receipts. esgSubNav, Discover more about S&P Globals offerings, Global Economies in Flux: Drive Decisions with the Purchasing Managers Index (PMI) Data, The Natural Language Processing (NLP) Revolution and ChatGPT: An Introduction to the field, our latest research, and how Kensho is empowering businesses to make the most of these technologies, 10:00 - 11:00 am EST | 4:00 - 5:00 pm CET, Long Beach Convention & Entertainment Center. var write_html = `