Legal Opinion

Heiman v. Atlantic Richfield Co.

Supreme Court of Oklahoma

Decided March 14, 1995No. 70739PublishedCited by 31 opinions

1Opinion of the Court

SUMMERS, Justice.

The issue is whether the trial court correctly held that Appellants ARCO & ANR (ARCO) are liable for the payment of interest at the rate of 12% for the period from May 3, 1983 until January 20, 1988 on gas proceeds for Appellees’ (Heiman’s) ratable share of gas produced and sold during the period from April 5, 1982 to May 3, 1983. We affirm the trial court’s judgment that Heiman is entitled to prejudgment interest on the proceeds from May 3,1983 until January 20,1988, but reverse as to the rate of the interest, and hold that interest at 6% is proper.

Heiman filed this action…

2Cases cited21 opinions

  1. Bowen v. Georgetown University HospitalSupreme Court of the United States · 1988
  2. Good Samaritan Hospital v. ShalalaSupreme Court of the United States · 1993
  3. Tenneco Oil Co. v. El Paso Natural Gas Co.Supreme Court of Oklahoma · 1984
  4. Adams v. Professional Practices CommissionSupreme Court of Oklahoma · 1974
  5. Fleet v. Sanguine, Ltd.Supreme Court of Oklahoma · 1993

16 more not listed; retrieve them via the Exa API.

3Cited by31 opinions

  1. Oldenkamp v. United American InsuranceCourt of Appeals for the Tenth Circuit · 2010
  2. Taylor v. State Farm Fire & Casualty Co.Supreme Court of Oklahoma · 1999
  3. Johnson v. Ford Motor Co.Supreme Court of Oklahoma · 2002
  4. Mittelstaedt v. Santa Fe Minerals, Inc.Supreme Court of Oklahoma · 1998
  5. Oxley v. General Atlantic Resources, Inc.Supreme Court of Oklahoma · 1997

26 more not listed; retrieve them via the Exa API.

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