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PARADEE OIL CO., INC. v. PHILLIPS PETROLEUM CO.

320 A.2d 769 (1974)

PARADEE OIL COMPANY, INC., a Delaware corporation, et al., Plaintiffs, v. PHILLIPS PETROLEUM COMPANY, a Delaware corporation, Defendant.

Court of Chancery of Delaware, Kent.

May 10, 1974.

Attorney(s) appearing for the Case

Harold Schmittinger and John J. Schmittinger, of Schmittinger & Rodriguez, Dover, for plaintiffs.

N. Maxson Terry, Jr., of Terry & Terry, Dover, for defendant.

BROWN, Vice Chancellor.

Plaintiffs, Paradee Oil Company, Inc. (hereafter "Paradee") and W. Charles Paradee, Sr. and Eleanor S. Paradee, his wife, ask that a preliminary injunction be issued against the defendant, Phillips Petroleum Company (hereafter "Phillips") to prevent it from terminating existing supply commitments of gasoline and related petroleum products pending a final hearing. A temporary restraining order was previously issued on May 31, 1973, in favor...

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