Gloria's Ranch, L.L.C. v. Tauren Exploration, Inc.

• Court: Louisiana Supreme Court
• Citation: Gloria's Ranch, L.L.C. v. Tauren Exploration, Inc., 251 So.3d 392(Mem) (La. 2018)
• Decision Date: 07 September 2018
• Docket Number: No. 2017-C-1519, No. 2017-C-1518, No. 2017-C-1522,2017-C-1519
• Parties: GLORIA'S RANCH, L.L.C. v. TAUREN EXPLORATION, INC., Cubic Energy, Inc., Wells Fargo Energy Capital, Inc., and EXCO USA Asset, Inc.

251 So.3d 392 (Mem)

GLORIA'S RANCH, L.L.C.

v.TAUREN EXPLORATION, INC., Cubic Energy, Inc., Wells Fargo Energy Capital, Inc., and EXCO USA Asset, Inc.

No. 2017-C-1519

No. 2017-C-1518

No. 2017-C-1522

Supreme Court of Louisiana.

September 7, 2018

ON WRIT OF CERTIORARI TO THE COURT OF APPEAL, SECOND CIRCUIT, PARISH OF CADDO

Rehearing granted in part; denied in part. The rehearing application of Gloria's Ranch is denied. Tauren's rehearing application is granted for the limited purpose of remanding the matter for the trial court to consider the effect the reversal of Wells Fargo's liability has on the award, particularly as it relates to the virile share accounted for in the EXCO settlement. In all other respects, the motion for rehearing is denied.

Retired Judge Hillary Crain assigned as Justice ad hoc, sitting for Crichton, J., recused.

GENOVESE, Justice, would grant a limited rehearing.

For the reasons assigned in my prior dissent, I would grant Gloria's Ranch's application for rehearing with respect to the issue of this Court's interpretation of La....