In response to the intend to take over Quicksilver Resources Inc an investigation on behalf of investors of Quicksilver Resources Inc (NYSE:KWK) over possible breaches of fiduciary duties was announced.

The investigation by a law firm concerns whether Quicksilver Resources Inc and its Board breach their fiduciary duties owed to Quicksilver Resources Inc (NYSE:KWK)investors in connection with a possible takeover.

On Monday, October 18, 2010, Quicksilver Resources announced its Board of Directors has received a letter from Quicksilver Energy, L.P., an entity controlled by members of the Darden family, indicating that a group of investors consisting of Quicksilver Energy, L.P. and members of the Darden family is interested in exploring strategic alternatives for Quicksilver Resources Inc, which could include, among other things, a possible take private transaction of the Company. The letter further is requesting an amendment to Quicksilver Resources' rights plan in order to facilitate discussions between the investor group and other potential investors regarding a potential transaction.

Thus the investigation by a law firm concerns whether the sale process and the offered price will be unfair to the shareholders of Quicksilver Resources Inc (NYSE:KWK).

In particular the investigation concerns whether the Quicksilver Resources Board of Directors will undertake an adequate and fair sales process to obtain fair consideration for all shareholders of Quicksilver Resources Inc (Public, NYSE:KWK) and breach their fiduciary duties to Quicksilver Resources Inc (NYSE:KWK) shareholder by failing to adequately shop the Company before entering into any transaction.