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HUNT v. MOBIL OIL CORPORATION

No. 75 Civ. 1160.

410 F.Supp. 4 (1975)

Nelson Bunker HUNT, Plaintiff, v. MOBIL OIL CORPORATION et al., Defendants.

United States District Court, S. D. New York.

October 15, 1975.

Attorney(s) appearing for the Case

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for plaintiff; Jay H. Topkis, Daniel P. Levitt, Anthony M. Radice, Paul D. Wexler, New York City, Philip J. Hirschkop, Philip Hirschkop & Associates, Ltd., Alexandria, Va., of counsel.

Windels & Marx, New York City, for defendant Gelsenberg Aktiengesellschaft; Paul Windels, Jr., John J. Hayes, Roger I. Harris, Stuart A. Hoberman, New York City, of counsel.

OPINION

EDWARD WEINFELD, District Judge.

This action was instituted by plaintiff, an independent oil producer with an interest in oil fields in Libya, against the seven largest oil producers of the world and three independents, including the defendant Gelsenberg Aktiengesellschaft ("Gelsenberg"). Centering upon an agreement entered into on January 15, 1971 by the parties to this litigation ("Libyan Producers Agreement" or "Agreement"), the complaint charges...

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