Legal Opinion
MOBIL OIL CORPORATION v. Wroten
Court of Chancery of Delaware
Decided March 14, 1973PublishedCited by 9 opinions
1Opinion of the Court
SHORT, Vice Chancellor:
Plaintiff Mobil Oil Corporation (Mobil) seeks specific performance of an agreement to lease certain real estate owned by the defendants, Jennings C. and Beatrice D. Wroten. This is the decision on Mobil’s motion for summary judgment.
On October 16, 1969, the Wrotens signed an agreement to lease a tract of land to Mobil. The agreement extended to Mobil an option to accept the lease agreement within 90 days thereafter:
“23. This instrument has been executed by Landlord, evidencing Landlord’s agreement to lease to Tenant on terms and conditions contained in this instrument.…
2Cases cited4 opinions
- E. I. Du Pont De Nemours & Co. v. Claiborne-Reno Co.Court of Appeals for the Eighth Circuit · 1933
- Mattei v. HopperCalifornia Supreme Court · 1958
- American Oil Company v. CareyDistrict Court, E.D. Michigan · 1965
- Sun Oil Co. v. TraylorSupreme Court of Pennsylvania · 1962
3Cited by9 opinions
- Wolf v. CrosbyCourt of Chancery of Delaware · 1977
- In Re III Enterprises, Inc. VUnited States Bankruptcy Court, E.D. Pennsylvania · 1994
- Wroten v. Mobil Oil CorporationSupreme Court of Delaware · 1973
- American Original Corp. v. Legend, Inc.District Court, D. Delaware · 1986
- In Re Durability, Inc.United States Bankruptcy Court, N.D. Oklahoma · 2002
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