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Breaking News: Former LeClairRyan attorney Bruce Matson sentenced to 44 months in prison

Breaking News: Former LeClairRyan attorney Bruce Matson sentenced to 44 months in prison
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Sunoco stuck with $155 mln judgment for late royalty payments in Oklahoma


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A judge in Oklahoma federal court rejected on Wednesday Sunoco, Inc (R&M)’s bid to cancel or alter a $155 million judgment against it for bypassing obligatory interest while paying royalty owners late.
U.S. District Judge John Gibney denied the energy company’s effort to obtain a new trial or a reduced judgment in the class action by 53,000 royalty owners in the state, rejecting the company’s claim that its due process had been violated and that the $75 million it must pay in punitive damage is excessive.
To read the full story on Westlaw Today, click here: bit.ly/3mbrlgZ ....

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