Saba Zi Exploration, LP v. Lane Vaughn, Terry Selland and Fort Peck Oil & Gas, L.L.C.
Texas Court of Appeals, 14th District (Houston)
1Opinion of the Court
OPINION
MARTHA HILL JAMISON, Justice.
This case turns on the interpretation of a settlement agreement governing the distribution of funds following the sale of certain mineral leases. After the sale of the leases, appellant Saba Zi Exploration, L.P., a party to the settlement agreement, filed an interpleader action regarding the proceeds, and appellees Lane Vaughn, Terry Selland, and Fort Peck Oil & Gas, L.L.C. (collectively “Vaughn”), also signatories, filed a counterclaim, alleging that Saba Zi’s proposed distribution breached the agreement. 1 After a trial to the bench, the court ordered…
2Cases cited27 opinions
- City of Keller v. WilsonTexas Supreme Court · 2005
- Cain v. BainTexas Supreme Court · 1986
- Valence Operating Co. v. DorsettTexas Supreme Court · 2005
- BMC Software Belgium, NV v. MarchandTexas Supreme Court · 2002
- Coker v. CokerTexas Supreme Court · 1983
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- Nancy Alanis v. US Bank National Association as Successor Trustee to Bank of America National Association, as Successor by Merger to One LaSalle Bank, N.A. as Trustee for the MLMI Trust Series 2006-HE6Court of Appeals of Texas · 2015
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