A panicked client calls to say that they acquired leases and assets tied to oil and gas operations in Cameron Parish, Louisiana and Jefferson County, TX. A lawsuit has been filed in both locales, alleging environmental damages perhaps caused by the properties’ predecessors. Are they liable? What is the governing law?
In 2003, claims by landowners for environmental damages resulting from oil and gas operations took a dramatic turn. The Louisiana Supreme Court in Corbello v. Iowa Production Co., ruled that property value ($110,000 in Corbello) was not a factor in determining damages for failing to remediate polluted land, adding that the court could not require that the money be used to undertake remediation.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]