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Judge: Rental Company Has Valid Fraud Claim Against Hydraulic Fracturing Companies

Mealey's (June 18, 2015, 2:48 PM EDT) -- DENVER — A federal judge in Colorado on Aug. 1, 2014, ruled that a company that rents equipment used in oilfield exploration and hydraulic fracturing had a valid claim against oil and gas companies under the Colorado Uniform Fraudulent Transfer Act (CUFTA) in connection with an allegedly fraudulent sales transaction involving tanks used in the drilling process (Atigun Inc. v. Premier Oilfield Equipment Company, et al., No. 13-02219, D. Colo.; 2014 U.S. Dist. LEXIS 105345).

(Opinion available. Document #94-140812-012Z.)


Atigun Inc. sued Premier Oilfield Equipment...
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