Posts From the monthly archives: "February 2016"
This matter involves a landlocked tract of land and property adjacent to it that were part of an 1853 land grant from the State of Texas. The land grant was partitioned into separate tracts in 1866 at which time the tracts were severed. Staley, the eventual owner of the landlocked tract and owner of the…(Read More)
Despite acknowledging the need for more certain and predictable guidance, the Texas Supreme Court refused to adopt a bright line rule regarding the fixed vs. floating royalty interpretation. On January 29, 2016, the Texas Supreme Court delivered the opinion of the Court on the Hysaw v. Dawkins case. This case was argued to the Texas…(Read More)