Evaluating The Validity Of Oil And Gas Form Leases In Ohio
In a slip opinion published on January 21, 2016, the Supreme Court of Ohio upheld the validity of form leases executed in favor of Beck Energy Corporation (“Beck”) affirming a 2014 decision issued by the Seventh District Court of Appeals in Hustack v. Beck Energy Corp. The Court also denied a separate appeal to invalidate the tolling of a certain group of the form leases, in the consolidated case of State ex rel. Claugus Family Farm, L.P. v. Seventh Dist. Court of Appeals, and refused to grant Beck’s motion to toll hundreds of the form leases executed by all certified class members.