The plaintiff is an energy company that owns numerous oil and gas leases. The defendant entered into a contract with the plaintiff to buy numerous of the plaintiff's leases for $35 million plus wells, pipelines and related property. The defendant placed $3.5 million in escrow. The plaintiff provided the defendant with a list of assets and title limitations related to the leases, and the defendant found title defects in 40 percent of the leases that they claimed lowered the value of the leases being purchased by 55 percent. The defendant did not seek dispute resolution as specified in the contract and unilaterally terminated the contract. The plaintiff attempted to invoke the dispute resolution process, but the defendant didn't respond. The plaintiff sued and the trial court awarded the plaintiff the escrow funds, plus interest. On appeal, the court affirmed noting that the parties were sophisticated and that the contract did not provide for unilateral termination based on the defendant's own determination of title defects and impact on lease value. Broad St. Energy Co. v. Endeavor Ohio, LLC, No. 14-4278, 2015 U.S. App. LEXIS 19751 (6th Cir Nov. 13, 2015).