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PANAMA PROCESSES v. CITIES SERVICE CO.

No. 71598.

796 P.2d 276 (1990)

PANAMA PROCESSES, S.A., Plaintiff-Appellant, v. CITIES SERVICE COMPANY, Defendant-Appellee.

Supreme Court of Oklahoma.

July 17, 1990.

Attorney(s) appearing for the Case

J. Warren Jackman, Regina K. Tetik, Pray, Walker, Jackman, Williamson & Marlar, Tulsa, and Albert I. Edelman, Willis L.M. Reese, and Hans Smit, New York City, for plaintiff-appellant.

Ronald N. Ricketts, Gable & Gotwals and Charles C. Baker, Tulsa, for defendant-appellee.

OPALA, Vice Chief Justice.

The appeal presents four issues for decision: [1] Did the district court err in recognizing a prior Brazilian declaratory judgment? [2] Does Brazilian law apply to the issue whether a majority stockholder owes a fiduciary duty to a minority stockholder? and if so [3] Does Brazil's Civil Law system recognize that majority stockholders owe a fiduciary duty to minority stockholders? and [4] Does Brazilian...

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