Horizon Kinetics LLC v. Texas Pacific Land Corporation

IN THE SUPREME COURT OF THE STATE OF DELAWARE
HORIZON KINETICS LLC, §
HORIZON KINETICS ASSET §
MANAGEMENT LLC, SOFTVEST § No. 478, 2023
ADVISORS, LLC, AND SOFTVEST, §
L.P., §
§ Court Below: Court of Chancery of
Defendants-Below, § the State of Delaware
Appellants, §
§ C.A. No. 2022-1066
v. §
§
TEXAS PACIFIC LAND §
CORPORATION, §
§
Plaintiff-Below, §
Appellee. §
Submitted: February 21, 2024
Decided: February 26, 2024
Before SEITZ, Chief Justice; VALIHURA, TRAYNOR, LEGROW, and
GRIFFITHS, Justices, constituting the Court en Banc.
ORDER
This 26th day of February, 2024, after careful consideration of the parties’
briefs and the record below, and following oral argument, we find it evident that the
judgment of the Court of Chancery should be affirmed on the basis of and for the
reasons stated in the Post-Trial Opinion dated December 1, 2023, and the Final Order
and Judgment dated December 18, 2023, entering final judgment in favor of
plaintiff-below, appellee Texas Pacific Land Corporation.
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of
Chancery is AFFIRMED.
BY THE COURT:
/s/ Abigail M. LeGrow
Justice
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