Shelly Nash Fitzgerald, as Trustee of the Nash Family Mineral Trust UTA dated October 27, 1992 v. Lime Rock Resources Operating Company, Inc.
Nash Trust Settlement
Case No. CJ-2017-31

Welcome to the Nash Trust Settlement Website

On January 23, 2019, the District Court of Texas County, Oklahoma, granted preliminary approval to a settlement in Litigation brought by the Class Representative on behalf of itself and similarly situated royalty owners asserting that Lime Rock underpaid royalties by taking deductions for fees and expenses, including fuel used, relating to the midstream post-production costs of gathering, compression, dehydration, treatment, processing, and marketing from January 1, 2014 through December 31, 2018.

Additional information about the lawsuit and important court documents may be found on the Important Documents and FAQs pages of this website.

Who is included?

Subject to certain exceptions, the Settlement Class includes:

All royalty owners in Beaver, Texas, Harper, Ellis, Woods, and Woodward County Oklahoma wells marketed by and paid by Lime Rock Resources II-A, L.P. that have produced gas (including gas constituents such as residue gas, natural gas, natural gas liquids, or helium) from January 1, 2014 to December 31, 2018.

A list of the persons, entities and claims excluded from the Class is provided in the Notice of Proposed Settlement, which is available for download on the Important Documents page.

What does the Settlement provide?

The Settlement Agreement provides that Lime Rock shall pay the Settlement Class $1,700,000.00 subject to the conditions and qualifications set forth in the Settlement Agreement, including the provisions decreasing such amount for the return to Lime Rock of any Monies Payable to Opt-Outs (the "Settlement Proceeds"). The Settlement Proceeds is a gross amount before deduction of court approved attorneys' fees and expenses, class representative incentive award, and Settlement Administration Expenses.

To view the Settlement Agreement, and other important court documents, please visit the Important Documents page of this website.

Your Legal Rights and Options

Do Nothing If the Court approves the proposed Settlement, you or your successors, if eligible, will receive the benefits of the proposed Settlement.
Ask to be Excluded
(Expired)
To exclude yourself from the Settlement Class, you must file a written statement with the Court. Your Request for Exclusion must contain the information described in the Notice of Proposed Settlement of Class Action and must be filed and received no later than April 1, 2019 at 5 p.m. CST. You cannot exclude yourself on this website, by telephone, or by email.
Object
(Expired)
You can file and serve a written objection to the Settlement and appear before the Court. Your written objection must contain the information described in the Notice of Proposed Settlement of Class Action and must be filed with the Court no later than April 1, 2019 at 5 p.m. CST.
Attend the Settlement Fairness Hearing The Settlement Fairness Hearing will be held on April 24, 2019 beginning at 11:00 a.m., in the District Court for Texas County, Oklahoma, 319 N. Main Street, Guymon, OK 73942-4843. Please continue to check this website to confirm no change to the date and time of the Hearing has been made.

For More Information

Visit this website often to get the most up-to-date information.

Mail

Nash Trust Settlement
c/o JND Legal Administration
PO Box 91248
Seattle, WA 98111