Judge: Partial Cancellation Of Fracking Lease For Undrilled Land Appropriate
Mealey's (June 18, 2015, 3:42 PM EDT) -- COLUMBUS, Ohio — A federal judge in Ohio on Aug. 27, 2014, ruled that a group of landowners who had entered into leases that allowed hydraulic fracturing on their land were released from those contracts because partial lease forfeiture or cancellation is an appropriate equitable remedy for undrilled or unexploited acreage (Michael DeRosa, et al. v. Hess Ohio Resources LLC, No. 13-0472, S.D. Ohio; 2014 U.S. Dist. LEXIS 119587).
(Opinion available. Document #94-140909-007Z.)
Michael DeRosa, along with Gregory and Melanie Eaton and Mel-Tina Ltd., sued...