Using a fraction of a fraction instead of a percentage can cost an oil and gas fortune.
The lesson came in Hyshaw v. Dawkins, No. 14-0984 (Tex. Jan. 29, 2016), a fight over a 69 year-old will. It shows what a mess can result from the fondness of oil and gas people for a particular kind of fraction — the sort with an eight in the denominator.
Continue Reading Oil and Gas + Fractions Equal a Mess