Amoco Production Co. v. United States

MEMORANDUM OPINION AND ORDER ON PREJUDGMENT INTEREST

ALDON J. ANDERSON, Senior District Judge.

This accounting arises out of an action to quiet title to the mineral rights in property located in Summit County, Utah. In 1942, the Federal Farm Mortgage Corporation (FFMC) conveyed title in this property to Hyrum and Florence Newton. The issue at trial was whether the FFMC had reserved for itself a one-half mineral interest in the land. The United States, as the FFMC’s successor-in-interest, is a defendant in the action and the other defendants — Flying Diamond, Bow Valley, Bass Enterprises, John…