AMP V., LP v. Long Point Energy, L.L.C.

2025 Ohio 201
CourtOhio Court of Appeals
DecidedJanuary 16, 2025
Docket24 HA 0006
StatusPublished
Cited by1 cases

This text of 2025 Ohio 201 (AMP V., LP v. Long Point Energy, L.L.C.) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
AMP V., LP v. Long Point Energy, L.L.C., 2025 Ohio 201 (Ohio Ct. App. 2025).

Opinion

[Cite as AMP V., LP v. Long Point Energy, L.L.C., 2025-Ohio-201.]

IN THE COURT OF APPEALS OF OHIO SEVENTH APPELLATE DISTRICT HARRISON COUNTY

AMP V, LP,

Plaintiff-Appellee,

v.

LONG POINT ENERGY, LLC,

Defendant-Appellant.

OPINION AND JUDGMENT ENTRY Case No. 24 HA 0006

Civil Appeal from the Court of Common Pleas of Harrison County, Ohio Case No. CVH 2023-0029

BEFORE: Mark A. Hanni, Carol Ann Robb, Katelyn Dickey, Judges.

JUDGMENT: Affirmed.

Atty. Kerri C. Sturm and Atty. David A. Jones, Jr., Bernstein-Burkley, P.C., for Plaintiff- Appellee and

Atty. Stephen W. Funk, Atty. J. Benjamin Fraifogl, Atty. Jeremy D. Martin, and Atty. Grant L. McLeod, Roetzel & Andress, LPA, for Defendant-Appellant.

Dated: January 16, 2025 –2–

HANNI, J.

{¶1} Defendant-Appellant Long Point Energy, LLC (Long Point) appeals the Harrison County Common Pleas Court denial of its motion for summary judgment and the granting of summary judgment in favor of Plaintiff-Appellee AMP V, LP (AMP). Long Point asserts that the trial court erred by ordering specific performance because the contract between the parties included a “time is of the essence” provision and AMP failed to timely perform. Long Point further contends that AMP breached the contract by requesting the execution of additional documents before closing and failing to notify Long Point until after the closing date that it would not close without those documents. Long Point further asserts that the court erred by altering the plain terms of the agreement when it ordered specific performance. {¶2} For the following reasons, we find that the trial court properly granted summary judgment in favor of AMP and denied Long Point’s motion for summary judgment.

RELEVANT FACTS

{¶3} The parties agree that on November 14, 2022, they entered into a purchase and sales agreement (Agreement) whereby AMP would buy Long Point’s mineral interests underlying three tracts of land. The three tracts were 20 net mineral acres in Flushing Township, Belmont County (Belmont Tract), 78.07 net mineral acres in Washington Township, Harrison County (Harrison Tract), and 25.3756 net mineral acres in Island Creek Township, Jefferson County (Jefferson Tract). The purchase price totaled $416,678.75 and price was determined on a per-acre basis. {¶4} Article 3.1 of the Agreement imposed a 30-day due diligence period for the Belmont Tract. The Belmont Tract sale timely closed in December 2022. {¶5} Article 3.1 of the Agreement is captioned “Due Diligence Period,” and also provided that AMP had 45 days from the contract execution date to conduct any due diligence it deemed necessary on the Harrison and Jefferson Tracts. Article 3.1 further states in relevant part that:

Case No. 24 HA 0006 –3–

Seller shall cooperate with Buyer’s commercially reasonable requests during such “Due Diligence Period.” In the event Buyer chooses not to purchase a portion or all of the Subject Property due to Buyer’s title review, in Buyer’s sole discretion, then the Buyer may terminate this Agreement upon the transmittal of written notice of termination at any time during the Due Diligence Period.

{¶6} Article 7.1 of the Agreement provides:

Liabilities Upon Termination. If Closing does not occur because Seller or Buyer wrongfully fails to tender performance at Closing or otherwise materially breaches this Agreement prior to Closing, and if the non-breaching Party is not in material default under this Agreement, including, without limitation, specific performance.

{¶7} Article 7.2 provides:

Default and Remedies. If Seller or Buyer fails to fully comply with the terms of this Agreement in any way and for any reason, said Party will be in default and the non-defaulting Party may (a) seek specific performance or other equitable remedies, (b) seek other relief as may be provided by law, or both, or (c) terminate this Agreement, thereby releasing both Parties form this Agreement.

{¶8} Article 9.8 of the Agreement also included a “Further Assurances” clause which states:

From time to time after the Closing Date, Seller shall execute and deliver to Buyer: (a) such additional documents as may be reasonably requested by Buyer to perfect Buyer’s title in and to the Subject Property, and (b) such other documents relating to oil and gas production as may be required by Buyers or others.

Case No. 24 HA 0006 –4–

{¶9} The due diligence period for the Harrison and Jefferson Tracts was 45 days, and this period expired on January 20, 2023. Closing was to occur five business days later on January 27, 2023. {¶10} On January 25, 2023, AMP’s counsel, Chris Hillis, sent an email to Long Point about closing on the Harrison and Jefferson Tracts. He included closing documents and also requested that Long Point sign two additional documents that he included with his email. The first document requested that Long Point affirm that one of its two members could sign on behalf of the LLC (Authority Affidavit). The second document was an affidavit attesting that Long Point’s predecessor in title changed her last name (Identity Affidavit) (collectively Affidavits). Attorney Hillis explained that the Identity Affidavit sought to confirm that Sarah Wiggers, the predecessor in the chain of title for the Jefferson Tract, was the same person as Sarah Sexton, the married person who conveyed the portion of the Jefferson Tract to Long Point. The Identity Affidavit required execution under oath by a third party familiar with Sarah Sexton. {¶11} Neither of these documents had been required for the Belmont Tract sale. {¶12} On January 25, 2023, Long Point member and owner Andrew Lawson emailed Attorney Hillis about the Affidavits. Mr. Lawson commented that Long Point could “try to send the [Identity Affidavit] to Sarah Sexton to see if someone can sign it that knows her.” He noted that Long Point had never signed a document like this before. {¶13} Andrew Lawson sent a second email that day to Attorney Hillis and asked whether AMP attempted to obtain the Identity Affidavit. Attorney Hillis responded that it was not AMP’s practice to obtain the Affidavits. Attorney Hillis informed Andrew Lawson that he would answer any additional questions from Mr. Lawson. {¶14} Andrew Lawson emailed, asking Attorney Hillis to identify the proper person to sign the Identity Affidavit, and Attorney Hillis responded that a person familiar with Sexton should sign. Mr. Lawson also asked about the Authority Affidavit, and Attorney Hillis responded that it established that Long Point members consented to the sales and the person signing the deed was authorized to consent on behalf of the members. {¶15} On January 26, 2023, Andrew Lawson emailed Attorney Hillis and stated that Long Point would attempt to secure a signature on the Identity Affidavit and have its

Case No. 24 HA 0006 –5–

counsel review the Consent Affidavit. Lawson and Hillis exchanged additional emails that day, but no mention was made of the closing scheduled for January 27, 2023. {¶16} No further communications occurred between the parties until February 2, 2023, when Long Point member and owner James Lawson emailed Attorney Hillis. He asked Attorney Hillis to confirm that AMP still needed the additional documents for closing. Attorney Hillis responded, “At this time, we will still need those to proceed to the final closing.” {¶17} On February 8, 2023, Attorney Hillis emailed James and Andrew Lawson that he was “[t]ouching base here to see how the signing is going. Any comments from your counsel on the [Consent Affidavit]?” Later that day, James Lawson emailed Attorney Hillis a letter dated February 8, 2023 from Long Point terminating the Agreement (Termination Letter).

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2025 Ohio 201, Counsel Stack Legal Research, https://law.counselstack.com/opinion/amp-v-lp-v-long-point-energy-llc-ohioctapp-2025.