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CONOCOPHILLIPS CO. v. KOOPMANN

No. 16-0662.

547 S.W.3d 858 (2018)

CONOCOPHILLIPS COMPANY and Burlington Resources Oil & Gas Co., L.P., Petitioners, v. Ralph Wade KOOPMANN, Karen Marie Koenig, Lorene H. Koopmann, and Lois Strieber, Individually and as Executrix of the Estate of Jerry Strieber, Respondents.

Supreme Court of Texas.

OPINION DELIVERED: March 23, 2018.

Rehearing Denied June 22, 2018.

Attorney(s) appearing for the Case

Amicus Curiae George S. Christian , Austin, TX, for Texas Civil Justice League.

Amicus Curiae Cory Pomeray , Austin, TX, for Texas Oil and Gas Association.

W. Scott Hastings , Andrew M. Buttaro , Michael V. Powell , Locke Lord LLP, Dallas, TX, Elizabeth L. Tiblets , Winstead PC, Fort Worth, TX, Kevin D. Cullen , Cullen Carsner Seerden & Cullen LLP, Victoria TX, for Petitioners.

J. Mike Johanson , Johanson & Fairless, L.L.P., Sugar Land, TX, Ronald B. Walker , Walker Keeling, L.L.P., Victoria, TX, Chris M. Volf , G. Todd Taylor , Kevin Christopher Kyser , Johanson & Fairless, L.L.P., Sugar Land, TX, for Respondents Karen Marie Koenig and Lorene H. Koopmann, Ralph Wade Koopmann.

Caroline C. Schadle , D. Mitchell McFarland , Munsch Hardt Kopf & Harr PC, Houston, TX, Errol J. Dietze , Dietze & Reese, Cuero, TX, Individually and as Executrix of the Estate of Jerry Strieber, for Respondent Lois Strieber.

In this case, we must determine whether the common law rule against perpetuities invalidates a grantee's future interest in the grantor's reserved non-participating royalty interest. We hold that it does not, but on grounds different from those expressed by the court of appeals. However, we hold...

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