SHREVEPORT, La. - A unanimous Second Circuit Louisiana Court of Appeal panel affirmed an order dismissing a case alleging misrepresentation in a mineral lease purchase but granted the plaintiffs leave Feb. 27 to amend to plead a duty as a matter of law to disclose facts known by the purchaser about the value of the mineral reserve (John C. McCarthy, et al. v. Evolution Petroleum Corp., et al., No. 47,907, La. App., 2d Cir.)....(read more)
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