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NATIONAL IRANIAN OIL CO. v. ASHLAND OIL, INC.

Civ. A. No. J85-1064(L).

716 F.Supp. 268 (1989)

NATIONAL IRANIAN OIL COMPANY, Plaintiff, v. ASHLAND OIL, INC., Defendant.

United States District Court, S.D. Mississippi, Jackson Division.

March 7, 1989.

Attorney(s) appearing for the Case

Alex A. Alson, Jr., Charles R. Davis, Jackson, Miss., Stephen M. Truitt, Susan L. Launer, Pepper, Hamilton & Scheetz, Washington, D.C., for plaintiff.

Lewis Bell, Wm. F. Goodman, Jr., Jackson, Robert J. Brookhiser, Jr., Howrey & Simon, Washington, D.C., for defendant.

MEMORANDUM OPINION AND ORDER

TOM S. LEE, District Judge.

This diversity action arises out of agreements executed between Ashland Oil, Inc. (Ashland) and National Iranian Oil Company (NIOC) in 1979 for the purchase and sale of crude oil. NIOC brought this action against Ashland alleging breach of contract based on Ashland's failure to pay NIOC for certain of the oil shipments made pursuant to the contract. Ashland, in turn, has advanced a counterclaim against...

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