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D'ANGELO v. PETROLEOS MEXICANOS

331 A.2d 388 (1974)

James P. D'ANGELO, receiver for Papantla Royalties Corporation, a dissolved Delaware Corporation, Plaintiff Below, Appellant, v. PETROLEOS MEXICANOS, a decentralized Institution pertaining to the Republic of Mexico, Defendant Below, Appellee.

Supreme Court of Delaware.

December 26, 1974.

Attorney(s) appearing for the Case

William H. Bennethum, Wilmington, for plaintiff below, appellant.

Arthur G. Connolly, Jr., Stanley C. Macel, III, of Connolly, Bove & Lodge, Wilmington, and Timothy P. Walsh, of Hardin, Hess & Walsh, New York City, of counsel, for defendant below, appellee.

Before HERRMANN, C. J., and TAYLOR and WALSH, Judges.

TAYLOR, Judge:

This action was brought in the Court of Chancery for an accounting for oil royalty and participation interests from oil wells in Mexico. Plaintiff is the receiver of a dissolved Delaware corporation. Defendant is asserted to be a "decentralized institution pertaining to the Republic of Mexico". Plaintiff undertook to obtain jurisdiction over defendant by sequestering monies due defendant from certain Delaware corporations. Defendant appeared solely...

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