Lonney H. White, Jr. Connie J. White v. Atlantic Richfield Company
Court of Appeals for the Ninth Circuit
1Opinion of the Court
T.G. NELSON, Circuit Judge:
Lonney and Connie White seek damages arising from Atlantic Richfield’s (ARCO) failure to reassign a gas and oil lease. The dispute involves the calculation of the market value of the lease and whether the Whites must prove that a specific market for the lease existed at the time of the breach.
FACTS AND PROCEEDINGS BELOW
The Whites negotiated a five-year oil exploration lease with a Mr. Jarecki, the owner of a parcel of land in northwest Montana. The lease contained a delay rental clause requiring payment of $6,320 each December to keep the lease alive if no drilling…
2Cases cited9 opinions
- Fu-Kong Tzung Jean Tzung v. State Farm Fire and Casualty Company, and Does 1 Through 100, InclusiveCourt of Appeals for the Ninth Circuit · 1989
- Berkshire Mutual Insurance Company v. Richard G. Moffett, Jr.Court of Appeals for the Fifth Circuit · 1967
- J & H Auto Trim Co., Inc. v. Bellefonte Insurance Co.Court of Appeals for the Eleventh Circuit · 1982
- Rogers v. RelyeaMontana Supreme Court · 1979
- Tenneco Oil Company v. Henry W. GaffneyCourt of Appeals for the Tenth Circuit · 1966
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