Colorado Jurors Rule for Antero in $100M Gas Delivery Dispute
Jurors in Colorado State District Court have ruled in favor of V&E client Antero Resources Corporation in a dispute over one of the largest natural gas purchase agreements in the U.S.
On June 20, 2019, at the conclusion of a two-week trial in
Denver, jurors deliberated for two hours before concluding that Washington Gas
Light and WGL Midstream, Inc. (“WGL”) had breached their agreements with Antero
by failing to purchase certain volumes of natural gas in 2017.
The jury also rejected WGL’s force majeure defense as well
as a breach of contract claim asserted against Antero by WGL, which was seeking
approximately $37 million in damages for alleged failure to deliver gas with
certain transportation rights.
The V&E team included partners Jim Thompson and Phillip
Dye, counsels Nick Shum and Kathleen Spangler, senior associate Stephanie
Noble, and associates Page Robinson and Brooke Noble.