HUNT v. MOBIL OIL CORP.

75 Civil 1160.

465 F.Supp. 195 (1978)

Nelson Bunker HUNT, W. Herbert Hunt and Lamar Hunt, Plaintiffs, v. MOBIL OIL CORPORATION, Texaco, Inc., Standard Oil Company of California, The British Petroleum Company, Ltd., Shell Petroleum Company, Ltd., Exxon Corporation, Gulf Oil Corporation, Occidental Petroleum Corporation, Grace Petroleum Corporation, and Gelsenberg A. G., Defendants.

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

October 12, 1978.


Attorney(s) appearing for the Case

Kramer, Lowenstein, Nessen, Kamin & Soll, New York City, Hirschkop & Grad, P. C., Alexandria, Va., for plaintiffs; Daniel P. Levitt, Ellen R. Nadler, Kenneth Berlin, Jeffrey T. Golenbock, Philip J. Hirschkop, New York City, of counsel.

Howrey & Simon, Washington, D. C., Richard H. Zahm, Jr., Juliet Shepard, S. J. Bird, Mobil Oil Corp., New York City, for defendant Mobil Oil Corp.; Edward F. Howrey, A. Duncan Whitaker, Mark D. Wegener, Bruce A. Deerson, Washington, D. C., of counsel.

Charles F. Kazlauskas, Jr., Lawrence R. Jerz, G. Kenneth Handley, Texaco, Inc., White Plains, N. Y., Kaye, Scholer, Fierman, Hays & Handler, New York City, for defendant Texaco Inc.; Milton Handler, Milton J. Schubin, Randolph S. Sherman, New York City, of counsel.

Lord, Day & Lord, New York City, Pillsbury Madison & Sutro, San Francisco, Cal., for Standard Oil Co. of California; Gordon B. Spivack, John W. Castles, III, Harry G. Sklarsky, David H. Marks, Carolyn T. Ellis, New York City, Richard J. MacLaury, Turner H. McBaine, Wallace L. Kaapcke, Thomas E. Haven, San Francisco, Cal., of counsel.

Shea Gould Climenko & Casey, New York City, for defendant The British Petroleum Co., Ltd.; Bruce A. Hecker, Joseph Ferraro, Richard F. Czaja, New York City, of counsel.

Cravath, Swaine & Moore, New York City, for defendant Shell Petroleum Co., Ltd.; John R. Hupper, Douglas D. Broadwater, Thomas J. Sweeney, III, Thomas J. Dougherty, New York City, of counsel.

Sullivan & Cromwell, Albert P. Lindemann, Jr., Exxon Corp., New York City, for defendant Exxon Corp.; Robert MacCrate, Robert M. Osgood, H. Lake Wise, Elizabeth McLain Olmsted, Barbara A. Mentz, New York City, of counsel.

John E. Bailey, Charles O. Murray, III, A. Randall Friday, Gulf Oil Corp., Houston, Tex., Frank W. Morgan, Frank R. O'Hara, Gulf Oil Corp., Pittsburgh, Pa., for defendant Gulf Oil Corp.

Phillips, Nizer, Benjamin, Krim & Ballon, New York City, for defendant Occidental Petroleum Corp.; Louis Nizer, Robert R. Salman, Michael Dore, Walter S. Beck, New York City, of counsel.

Leo Larkin, Morris Handel, Grace Petroleum Corp., New York City, for defendant Grace Petroleum Corp.


OPINION, FINDINGS OF FACT AND CONCLUSIONS OF LAW

EDWARD WEINFELD, District Judge:

This antitrust suit, involving claims and counterclaims for hundreds of millions of dollars among some of the world's largest oil companies, arises out of events in the Middle East, particularly Libya, in the early 1970's. Plaintiffs are three brothers: Nelson Bunker Hunt, W. Herbert Hunt and Lamar Hunt, who as partners owned a concession in Libya for the exploration, development...

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