Clinton Manges

The Executive Right and the NPRI – What is the Relationship?

By Charles Sartain on March 17, 2015

Posted in Lease Disputes, Royalty Disputes

The duty owed by the executive right holder to its non-participating royalty interest holder in Texas, long haunted by the ghost of Clinton Manges, is again examined. From KCM Financial, et al. v. Bradshaw and its precursors …

We Know This:

The executive owes the NPRI owner a duty of utmost good and fair

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Executive Right Owner Could Be Liable for Failing to Forward Royalty Payments

By Charles Sartain on November 8, 2012

Posted in Land Titles, Lease Disputes, Litigation

The ghosts of Clinton Manges and people like him continue to haunt executive right owners in Texas. In the 1980’s, Mr. Manges’ abuse of his non-participating royalty owner inspired the Texas Supreme Court to re-affirm the obligations of an executive right owner to the NPRI owner: “utmost fair dealing” and a fiduciary duty.

In Friddle …

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Energy & the Law

Clinton Manges

The Executive Right and the NPRI – What is the Relationship?

Executive Right Owner Could Be Liable for Failing to Forward Royalty Payments

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