Mon, Jul 14, 2014, 9:09 AM EDT - U.S. Markets open in 21 mins.

Recent

% | $
Quotes you view appear here for quick access.

Hugoton Royalty Trust Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rhianni rhianni Jun 8, 2012 10:37 AM Flag

    Lawsuit

    "Is there clause that says that legal defense would NOT come out of revenues to be distributed to shareholders?"

    It would have to come out of future distributions. As a royalty land trust. HGT has no real employees (lawyers). They have some bankers that balance books, pay themselves, and send the rest out as distribution payments. There is no reserve cash fund, sellable assets, that I am aware of that a corporation would have to plan and prepare for a legal battle.

 
HGT
10.20Jul 11 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Citigroup Inc.
NYSEFri, Jul 11, 2014 4:00 PM EDT
Whiting Petroleum Corp.
NYSEFri, Jul 11, 2014 4:05 PM EDT
Mylan, Inc.
NasdaqGSFri, Jul 11, 2014 4:00 PM EDT