Constellation Energy Partners Announces Court Approves Settlement in Alabama Lawsuit

Constellation Energy Partners LLC CEP today announced that the Circuit Court of Tuscaloosa County, Alabama has approved the settlement between the company, Trust Venture Company, LLC, and Torch Energy Royalty Trust. In its order, the court acknowledged receiving the report from counsel for the trustee of the Trust that no objections to the proposed settlement had been received, confirmed after review that the settlement is fair, reasonable and adequate, and ordered that the derivative lawsuit that is the subject of the settlement be dismissed, with prejudice.