Case Solutions Archive
Philadelphia Business Owner Hires Saunders Law to Litigate Oil & Gas Lease Dispute – Client Achieves Desired Result
Our client purchased a large parcel of land in Wyoming County and constructed a 10,000 square foot home with several associated structures to house an extensive car collection. The client negotiated a lease directly with a gas company, but decided after signing he did not want to complete the transaction. The potential lessee sought to hold the client to the lease he signed and tendered the bonus payment in accordance with the lease. Saunders Law filed suit in Federal District Court and succeeded in obtaining a decision from the court that the lease was not enforceable against the client.
The lessee appealed the ruling to the U. S. Court of Appeals for the Third Circuit and before a decision could be reached on the appeal, Saunders Law negotiated a new agreement with the lessee which included an increased bonus payment to the client and additional protections for the property. Excludng the non-monetary concessions obtained by the new lease, the client’s monetary recovery was nearly six times the legal fees he incurred.