Legal Opinion

Texas Pacific Land Corporation v. Horizon Kinetics LLC

Court of Chancery of Delaware

Decided December 1, 2023No. C.A. No. 2022-1066Published

1Opinion of the Court

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE TEXAS PACIFIC LAND CORPORATION, ) ) Plaintiff, ) ) v. ) C.A. No. 2022-1066-JTL ) HORIZON KINETICS LLC, HORIZON ) KINETICS ASSET MANAGEMENT LLC, ) SOFTVEST ADVISORS, LLC, and ) SOFTVEST, L.P., ) ) Defendants. ) POST-TRIAL OPINION Date Submitted: July 10, 2023 Date Decided: December 1, 2023 A. Thompson Bayliss, Adam K. Schulman, Peter C. Cirka, G. Mason Thomson, ABRAMS & BAYLISS LLP, Wilmington, Delaware; Yolanda C. Garcia, Tayler G. Bragg, SIDLEY AUSTIN LLP, Dallas, Texas; Alex J. Kaplan, Charlotte K. Newell, Robert M. Garsson, Cassandra Liu,…

2Cases cited35 opinions

  1. Rhone-Poulenc Basic Chemicals Co. v. American Motorists Insurance Co.Supreme Court of Delaware · 1992
  2. Lorillard Tobacco Co. v. American Legacy FoundationSupreme Court of Delaware · 2006
  3. Eagle Industries, Inc. v. DeVilbiss Health Care, Inc.Supreme Court of Delaware · 1997
  4. Emerald Partners v. BerlinSupreme Court of Delaware · 1999
  5. Abry Partners V, L.P. v. F & W Acquisition LLCCourt of Chancery of Delaware · 2006

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