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Damages for Royalty Error Limited to Two Years
Ignorance of Mistake May Not Stop Limitations Clock
A royalty holder must make reasonable inquiries to confirm that a royalty has been properly paid and will be limited to a two-year recovery if not, the Alberta Court of Appeal has ruled in Canadian Natural Resources Limited v Jensen Resources Ltd, 2013 ABCA 399. Published in the September 2014 edition of Nexus, the magazine of the Canadian Association of Petroleum Land Administration.