Chesapeake Deal Staves Off Bass Family Royalty Trial

Chesapeake had been set to square off with Edward Bass, several entities associated with the Bass family, two Texas Health Resources hospitals and other landowners in Dallas federal court, with jury selection and opening arguments set for Tuesday afternoon. But before pretrial arguments Tuesday morning, the parties reached a deal that addresses all the claims and all plaintiffs in the suit, plaintiffs’ lawyer Daniel Charest of Burns Charest LLP said.

Terms of the settlement are confidential.

Charest said the plaintiffs are “pleased with the results.”

Read full article on Law360 (subscription required).