Legal Opinion
Mercury Investment Co. v. F.W. Woolworth Co.
Supreme Court of Oklahoma
Decided May 7, 1985No. 59609PublishedCited by 119 opinions
1Opinion of the Court
OPALA, Justice.
The issue on certiorari is whether in a landlord’s suit to terminate a shopping center lease for failure of consideration— based on the alleged breach of an implied covenant diligently to operate the business so as to trigger the percentage rental provisions — the trial court erred in granting summary judgment for the tenant. We answer in the negative and vacate the Court of Appeals’ opinion that reaches a contrary conclusion.
FACTS
In 1958 Mercury Investment Co. [Mercury] built a multi-tenant shopping center in Sand Springs, Oklahoma and leased space to F.W. Woolworth Co.…
2Cases cited56 opinions
- Freeport Sulphur Co. v. American Sulphur Royalty Co.Texas Supreme Court · 1928
- Food Fair Stores, Inc. v. BlumbergCourt of Appeals of Maryland · 1964
- Sheets v. SeldenSupreme Court of the United States · 1869
- Cousins Investment Co. v. Hastings Clothing Co.California Court of Appeal · 1941
- Keystone Square Shopping Center Co. v. Marsh Supermarkets, Inc.Indiana Court of Appeals · 1984
51 more not listed; retrieve them via the Exa API.
3Cited by119 opinions
- Dayton Hudson Corp. v. Macerich Real Estate Co.Court of Appeals for the Tenth Circuit · 1987
- Dodson v. St. Paul Insurance Co.Supreme Court of Oklahoma · 1991
- Bartmann v. Maverick Tube Corp.Court of Appeals for the Tenth Circuit · 1988
- Hargrave v. Canadian Valley Electric Cooperative, Inc.Supreme Court of Oklahoma · 1990
- Pitco Production Co. v. Chaparral Energy, Inc.Supreme Court of Oklahoma · 2003
114 more not listed; retrieve them via the Exa API.