Columbiana County judge rules against landowner who claimed he was deceived into signing a mineral rights lease

A Columbiana County Common Pleas Court judge ruled last week that a property owner is not entitled to claims of fraudulent inducement because such a claim cannot be considered until the landowner returns the approximately $360 per year he received as delay rental payments from the companies leasing his property, Morning Journal News reports. The property owner testified that although he understood it was a binding legal document, he "did not read the lease before he signed it." The court also granted a request by defendants Chesapeake Exploration and Eric Petroleum to put the time element of the lease on hold so as to enable the companies to "exercise their rights granted by the lease" once all litigation ends. For more, read the full story.

Ohio, Oil & Gas Litigation