Legal Opinion
Rhett G. Campbell, Trustee, Joseph C. Canizaro, Intervenor-Appellant v. Wells Fargo Bank, N.A.
Court of Appeals for the Fifth Circuit
Decided January 28, 1986No. 85-4146PublishedCited by 246 opinions
1Opinion of the Court
GEE, Circuit Judge:
Latham Exploration Company (“LEX-CO”) was organized under the laws of Louisiana in 1980 for conducting exploratory drilling operations. In 1982, LEXCO entered into a farm-out agreement with Chevron on certain Chevron leases in Pointe Coupee Parish, Louisiana. Under this arrangement, LEXCO was to drill five wells and earn certain leasehold rights. LEXCO then contracted with the plaintiffs to advance funds and equipment for the five wells in return for the assignment of a certain working interest in LEXCO’s leasehold rights.
Throughout this time, LEXCO was suffering severe…
2Cases cited9 opinions
- Associated General Contractors of California, Inc. v. California State Council of CarpentersSupreme Court of the United States · 1983
- Illinois Brick Co. v. IllinoisSupreme Court of the United States · 1977
- Blue Shield of Va. v. McCreadySupreme Court of the United States · 1982
- Arthur Swerdloff and Louis Swerdloff v. Miami National Bank, a National Banking AssociationCourt of Appeals for the Fifth Circuit · 1978
- Jamil Abdul-Alim Amin v. Universal Life Insurance Company of Memphis, TennesseeCourt of Appeals for the Fifth Circuit · 1983
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3Cited by246 opinions
- Collins v. Morgan Stanley Dean WitterCourt of Appeals for the Fifth Circuit · 2000
- Manguno v. Prudential Property & Casualty InsuranceCourt of Appeals for the Fifth Circuit · 2002
- Calvin Walker v. Beaumont Indep School DistCourt of Appeals for the Fifth Circuit · 2019
- Harrington v. State Farm Fire & Casualty Co.Court of Appeals for the Fifth Circuit · 2009
- Mid-State Fertilizer Co., Lasley Kimmel, and Maxine Kimmel v. Exchange National Bank of ChicagoCourt of Appeals for the Seventh Circuit · 1989
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