Horizon Kinetics LLC v. Texas Pacific Land Corporation

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

HORIZON KINETICS LLC, § HORIZON KINETICS ASSET § MANAGEMENT LLC, SOFTVEST § No. 478, 2023 ADVISORS, LLC, AND SOFTVEST, § L.P., § § Court Below: Court of Chancery of Defendants-Below, § the State of Delaware Appellants, § § C.A. No. 2022-1066

v. § §

TEXAS PACIFIC LAND § CORPORATION, § §

Plaintiff-Below, § Appellee. §

Submitted: February 21, 2024 Decided: February 26, 2024

Before SEITZ, Chief Justice; VALIHURA, TRAYNOR, LEGROW, and GRIFFITHS, Justices, constituting the Court en Banc.

ORDER

This 26th day of February, 2024, after careful consideration of the parties’

briefs and the record below, and following oral argument, we find it evident that the

judgment of the Court of Chancery should be affirmed on the basis of and for the

reasons stated in the Post-Trial Opinion dated December 1, 2023, and the Final Order

and Judgment dated December 18, 2023, entering final judgment in favor of

plaintiff-below, appellee Texas Pacific Land Corporation.

NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of

Chancery is AFFIRMED.

BY THE COURT:

/s/ Abigail M. LeGrow Justice