Parker v. MSB Energy, Inc. (In Re MSB Energy, Inc.)

AMENDED MEMORANDUM OPINION ON PLAINTIFFS’ MOTION FOR SUMMARY JUDGMENT AND DEFENDANT’S MOTION FOR SUMMARY JUDGMENT 1

[Adv. Doc. Nos. 5 & 13]

JEFF BOHM, Bankruptcy Judge.

I. Introduction

The dispute at bar involves the propriety and timeliness of shut-in royalty payments pertaining to two Paid Up Oil and Gas leases (collectively the Leases) between Richard K. Parker, Karen E. Parker, Alvin E. Betzel, and Shelia C. Betzel (collectively the Plaintiffs) and MSB Energy, Inc. (MSB). 2 The Leases were entered into by the Parkers and the Betzels, as lessors, each with an undivided 50% mineral interest,…