Cedar Farm, Harrison County, Inc., v. Louisville Gas and Electric Co.

In Cedar Farm, Harrison County, Inc., v. Louisville Gas and Electric Company, the U.S. Seventh Circuit Court of Appeals held that a drilling lease between an oil and gas company and a landowner could not be terminated because of environmental damage to the property if the lease only provided monetary damages when the property was harmed. The court determined that once oil and gas production began, the oil and gas company acquired an interest in the land, and a lease could only be terminated if money was an insufficient remedy.