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Showing posts with the label Arkansas Oil and Gas Law

Daily & Woods attorneys to Speak at 2018 Arkansas Bar Association Best of CLE

Daily & Woods attorneys have been chosen to speak at the Arkansas Bar Association's "Best of CLE " on June 28-29, at the Chancellor Hotel, in Fayetteville, Arkansas. Thomas A. Daily will present an hour CLE on Board of Trustees v. Andrews : Arkansas Newest Court-Ordered Crisis-Tsunami or Just Another Wave, at 8:30 AM on Thursday June 28, 2018.  As a preview, also see this write-up on how Andrews is affecting litigation against the State of Arkansas. C. Michael Daily will present an hour CLE on Oil & Gas Lease Covenants--What you See and What you Don't See, at 2:00 PM on Friday June 29, 2018. Registration for both events is still available through the Arkansas Bar Association's website, or at the door. C. Michael Daily  is an Arkansas estate attorney with the long-established law firm of  Daily & Woods, P.L.L.C ., and is licensed to practice in all cities in Arkansas including Fort Smith, Fayetteville, Springdale, Bentonville, Lowell, Rogers, ...

Daily & Woods, PLLC: Arkansas Pipeline Eminent Domain Lawyers

You receive a telephone call from a pipeline production company and the representative on the phone informs you that they want to bury a pipeline across land that will carry crude oil from one state, say Western Tennessee, across Arkansas, and then into Oklahoma. As an Arkansas landowner, what should you do?  Nothing is more important than knowing your rights and seeking competent legal counsel. In Arkansas, interstate pipeline companies do have the power of eminent domain and can acquire an interest in a landowner's property for the purpose of burying their pipeline under most circumstances. The interest they acquire is limited though, and in most cases it is only an easement. The taking is not free; rather, the pipeline company must pay the landowner just compensation for the taking.  Most litigation involving pipeline eminent domain cases involve the amount of just compensation. Just compensation is determined on a case by case basis and depends on the facts of each lan...

If Prince Owned Arkansas Mineral Rights, Who Would Inherit?

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Prince passed away last Thursday, and while I personally have not finished mourning, the media has moved on from his passing and now is speculating about the inheritance of his property.  I imagine that the talk will only increase since it was recently asserted in court filings that he died without a will or other testamentary plan in place. It is a fair question.  Several people cruise through life without a will.  It is especially common for young professionals, the generation that grew up listening to Prince.  Truth be told, young professionals, along with newlyweds, are the demographics who may need an estate plan in place the most.  I'll explain in more detail in a future post. First, let's see what would happen if Prince had owned Arkansas property, and died without a will. Inheritance Laws In Arkansas  Without a testamentary plan in place, inheritance of all property is dictated by Arkanas law.  That's right, the Arkansas legislature h...