Barely noticed in the chatter over Chesapeake's (CHK -1%) asset sales is the "big loss" the...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

Barely noticed in the chatter over Chesapeake's (CHK -1%) asset sales is the "big loss" the company suffered in court today in a case involving claims by mineral rights holders over canceled oil and gas lease offers. The verdict could have ramifications across the U.S.; the Fifth Circuit, which covers most of the oil patch states, often is given deference by other courts on cases involving the industry.