Jones, Gregg, Creehan & Gerace LLP Announces Continuation of Class Action Lawsuit Against Rex Energy

PITTSBURGH--()--Jones, Gregg, Creehan & Gerace LLP announces a panel of the Pennsylvania Superior Court on January 17, 2017, unanimously overturned a trial court’s refusal to certify a class action brought by landowners against Rex Energy Corporation and R.E. Gas Development, LLC (“Rex”). Cardinale v. R.E. Gas Development, LLC and Rex Energy Corporation, 2017 Pa.Super. 13. The appellate court remanded the landowners’ claims against Rex to the trial court for further proceedings.

The landowners’ claims against Rex arise out of roughly 112 oil and gas leases signed in 2008 covering approximately 4,000 acres of Marcellus Shale. Rex did not pay the bonus payments under those leases. According to court records, the claims against Rex aggregate more than $8 million plus 8 years of interest. Rex on January 31, 2017, requested that the appellate court grant reargument en banc and/or reconsideration by the panel. The landowners will oppose Rex’ request for reargument or reconsideration.

Contacts

Jones, Gregg, Creehan & Gerace LLP
David Borkovic, 412-261-6400
dab@jgcg.com

Contacts

Jones, Gregg, Creehan & Gerace LLP
David Borkovic, 412-261-6400
dab@jgcg.com