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Kentucky News
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ATMOS-ROYALTY SUIT
Ky high court rejects appeal in royalty case, Atmos Energy off hook for $24.7 million verdict

Reported by: Associated Press
Reported: Thursday, February 20, 2014 10:44 AM EST
LOUISVILLE, Ky.


A decision overturning a $24.7 million jury verdict against Texas-based Atmos Energy will stand after the Kentucky Supreme Court opted not to hear an appeal by landowners who claimed they didn't get their rightful royalties from an oil and gas project.

The decision by the justices on Thursday clears the way for Atmos to push to recover nearly $1.8 million in legal fees and expenses, $591,365 plus interest as alleged damages and $649,680 in bond expenses paid as part of the litigation.

An Atmos Energy spokeswoman declined immediate comment on the decision Thursday.

Without a separate opinion, Justices Michelle Keller and Will T. Scott noted they would have granted a hearing in the case.

An Edmonson County jury handed down the verdict and damages in 2010.










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