Tag Archives: Kentucky

Bettors Beware: Read Sixth Circuit Before Wagering on the Kentucky Derby

Tomorrow marks the first Saturday in May, so the sporting world will turn its attention to Louisville, Kentucky for the 150th running of the Kentucky Derby at Churchill Downs.  Perhaps $200 million will be wagered on “the fastest two minutes in sports.”  And while the Derby is “the most storied race of them all,” West … Continue Reading

Sixth Circuit Rules that Kentucky Permits Deduction of Post-Production Costs from Oil and Gas Royalties

In a consolidated review of two class actions filed in the Eastern District of Kentucky, the Sixth Circuit affirmed the district court’s determination that Kentucky law follows the “at-the-well” rule, which allows lessees to deduct post-production costs for oil and gas development from the payment of royalties to lessors. In Poplar Creek Development Co. v. … Continue Reading
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