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Article: Peabody Energy Responds to U.S. Supreme Court Ruling: United States Versus The Navajo Nation.
- Article from:
- PR Newswire
- Article date:
- March 4, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Peabody Energy believes today's U.S. Supreme Court's decision in United States versus the Navajo Nation is an important step to bring the royalty controversy to closure. Through its affiliate, Peabody Western Coal Company, Peabody and the Navajo Nation continue to work together to advance a variety of mutual business interests. The decision helps clarify the relationship of the parties as they continue in their efforts to build a better future for all concerned.
In the decision, the U.S. Supreme Court rejects the Navajo Nation's allegation that there was a breach of trust when the U.S. Department of the Interior approved the 1987 lease agreements. The U.S. ...