Gross Overriding Royalty as Interest in Land - the Clear Language Conundrum Continues

In 2002 the Supreme Court of Canada, in Bank of Montreal v Dynex Petroleum Ltd, 2002 SCC 7 (Dynex) affirmed that gross overriding royalty interests (GOR) could constitute interest in land provided the parties so intended and that intention was sufficiently evidenced in an agreement.

Filed under:
Canada, Ontario, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Borden Ladner Gervais LLP, Supreme Court of Canada, Court of Appeal for Ontario, Ontario Superior Court of Justice
Authors:
Chidinma B. Thompson , Josef G. A. Kruger , Michael Gaber
Location:
Canada
Firm:
Borden Ladner Gervais LLP