Crosby-Mississippi Resources, Ltd., Plaintiff-Appellant/cross v. Prosper Energy Corporation, Defendants-Appellees/cross
Court of Appeals for the Fifth Circuit
1Opinion of the Court
JOHN R. BROWN, Circuit Judge:
Crosby-Mississippi Resources, Ltd. (CMR) brought this action to recover royalty payments alleged to be due pursuant to a joint operating agreement (JOA) executed between CMR and the defendants (collectively Prosper). Following a bench trial, the district court, finding that Prosper had committed a unilateral mistake in its interpretation of the agreement, rescinded the JOA and dismissed CMR’s complaint for damages. CMR appeals this judgment, and Prosper cross-appeals the district court’s denial of its alternative affirmative defense of mutual mistake. We affirm.
Roy…
Also in this document: Concurrence.
2Cases cited13 opinions
- Terre Haute Cooperage, Inc. v. BranscomeMississippi Supreme Court · 1948
- State Highway Commission v. State Construction Co.Oregon Supreme Court · 1955
- Johnson v. Consolidated American Life Ins. Co.Mississippi Supreme Court · 1971
- Wall v. Wall Et Ux.Mississippi Supreme Court · 1937
- Hunt v. DavisMississippi Supreme Court · 1950
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3Cited by2 opinions
- Rotenberry v. HookerMississippi Supreme Court · 2003
- Clinton Grice Rotenberry, Jr. v. Scottye R. HookerMississippi Supreme Court · 2001