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REAVIS v. EXXON CORP.

90 Misc.2d 980 (1977)

C. Frank Reavis, as Trustee for Babs B. Reavis, on Behalf of Himself and All Other Persons Similarly Situated, Plaintiff, v. Exxon Corporation et al., Defendants.

Supreme Court, Special Term, New York County.

June 28, 1977

Attorney(s) appearing for the Case

Sullivan & Cromwell (Roy H. Steyer, Michael M. Maney, Kenneth A. Bialo and Richard G. Menaker of counsel), for defendants. Pomerantz, Levy, Haudek & Block (William E. Haudek and Marc I. Gross of counsel), for plaintiff.

ABRAHAM J. GELLINOFF, J.

This is an action for damages by the holder of a fractional share of a royalty interest in certain oil concessions which had been granted by the government of Venezuela to defendants. Defendants move to dismiss the complaint on various grounds.

Prior to January 1, 1976, defendant Creole Petroleum Corporation, the wholly owned subsidiary of defendant Exxon Corporation, was the...

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