Quick Hits: Arlington, VA Resident sets world record + Natural gas producer in royalty dispute

first_imgThe Arlington, VA resident took on the World Marathon Challenge, running seven marathons on seven continents in seven days (he won) before tackling the 10-day record, running 3 additional marathons when he returned to the states. The deal is the latest in a number of lawsuits accusing natural gas companies of engaging in unlawful maneuvers in order to hold on to more of the profits from the state’s natural gas boom. The trial was scheduled to begin in November but cancelled when parties reached the tentative settlement. Michael Wardian of Arlington, VA sets 10 marathons in 10 days world record He finished all 10 marathons with a cumulative time of 20 hours, 12 minutes and 46 seconds. His time should earn him the world record, which remains unofficial until Wardian submits his materials to the Guinness Book of World Records. Pittsburg-based EQT Corp, the second-largest natural gas producer in West Virginia, will pay $53.5 million to settle a lawsuit that alleged the company was cheating thousands of state residents and businesses by deducting a variety of unacceptable charges from people’s royalty checks. Ultrarunner Michael Wardian ran 10 marathons in 10 days, finishing all of them with an average pace of less than 3 hours, to earn an unofficial world record of the fastest completion of 10 marathons in 10 days. A U.S. District judge preliminary approved the settlement, which begins a process for public notice of the terms and a fairness hearing in Wheeling, West Virginia, set for July 11. Payments will not be made until the process is complete. The $53.5 million will go into a settlement fund and the funds will be distributed to people who leased the rights to natural gas beneath their land in West Virginia to EQT between December 8, 2009 and December 31, 2017. Natural gas producer to pay West Virginia plaintiffs $53.5 million in royalty disputelast_img

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