Class Rep In Royalty Payments Settlement Seeks Affirmance Of Service Award

Mealey's (August 26, 2022, 8:21 AM EDT) -- DENVER — A class representative should be compensated for time its president, who is also an attorney, spent defending an oil and gas royalty payments class settlement on appeal as those efforts “guaranteed the Class a recovery and solidified that incentive awards are recoverable under Oklahoma law,” Chieftain Royalty Co. argues in its appellee brief filed Aug. 3 in the 10th Circuit U.S. Court of Appeals, responding to arguments by an objector against the $232,440 incentive payment that was part of a $52 million settlement....