On October 12, 2023, Bailey Glasser prevailed in a lease royalty dispute on behalf of our client Wildcat Coal, LLC, obtaining a judgment of nearly $20 million. This dispute involved calculation of advance royalties in a coal mining lease. The judgment was issued by Judge Freudenthal of the United States District Court for the District of Wyoming.
The defendant, Bridger Coal Company, argued that it did not owe Wildcat any advance royalties despite a provision of the mining lease that obligated Bridger to mine at least 45% of its coal from Wildcat’s properties.
“We are glad that Wildcat will receive the advance royalties that Bridger agreed to pay under the lease,” said Bailey Glasser founding partner Brian Glasser, lead counsel in this case.
In addition to Mr. Glasser, the Bailey Glasser team included partners Leslie Brueckner, Jennifer Fahey, and Ben Schwartzman.
The Order granting judgment can be viewed here.