Peggy Masterson Stinnett, et al. v. Colorado Interstate Gas Company v. Mesa Operating Limited Partnership

The firm was lead counsel for the Defendant in royalty suit alleging underpayment of royalties, fraud, breach of fiduciary duty, and negligent misrepresentation.  Pre-trial damages claims exceeded $400 million; demand at trial exceeded $61 million.  The jury found that Plaintiffs were barred from pursuing their claims and that Plaintiffs’ damages were less than $150,000.  Based on the jury verdict, the trial court entered a take-nothing judgment and entered a declaratory judgment on Defendants’ behalf barring future claims.  Judgment was affirmed on appeal by the U.S. Fifth Circuit Court of Appeals.