Legal Opinion
Mesa Partners v. Phillips Petroleum Co.
Court of Chancery of Delaware
Decided December 20, 1984PublishedCited by 8 opinions
1Opinion of the Court
WALSH, Vice Chancellor.
This action began as an effort by the plaintiff, Mesa Partners, a Texas partnership, 1 to secure a declaratory judgment that it was not obligated to refrain from attempting to acquire shares of stock, and ultimately control, of Phillips Petroleum Company (“Phillips”) by reason of the execution by Mesa Petroleum Company (“Mesa”) of an agreement dated January 6, 1983. This agreement (“the Standstill Agreement”) between Mesa and General American Oil Company of Texas (“GAO”) resolved the competition between Mesa and Phillips for the acquisition of GAO. By virtue of that…
2Cases cited18 opinions
- Kennecott Corp. v. SmithCourt of Appeals for the Third Circuit · 1980
- Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974
- Gimbel v. Signal Companies, Inc.Supreme Court of Delaware · 1974
- Kaplan v. Centex CorporationCourt of Chancery of Delaware · 1971
- Steiner v. SimmonsSupreme Court of Delaware · 1955
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3Cited by8 opinions
- In Re Phillips Petroleum Securities Litigation. C.A. 85-14 Hudson v. Phillips Petroleum Company C.A. 85-45 Hudson v. Phillips Petroleum Company C.A. 85-281 Irwin v. Douce C.A. 85-401 Kelly v. Pickens C.A. 85-447 Lawrence v. Pickens C.A. 85-537 Cohen v. Mesa Petroleum Co. Appeal of Florence Hudson (Civil Action No. 85-14 Mms), Harry W. Voege S. Paul Posner & Co., a Partnership Ominsky, Joseph & Welsh, P.C., Defined Benefit Plan U/a Dated Ddt July 1, 1976, Albert Ominsky, Trustee Barnett Stepak Initio, Inc. Alfred D. Whitman Connecticut Medical Laboratory, Inc. Murray Bell Pierre Haber and Leonard Brawer (Civil Action No. 85-45 Mms), Christopher P. Kelly and Brynn Kelly, Trustees for the Kelly Family Trust Under Trust Agreement Dated as of October 1, 1977, on Behalf of Themselves and All Others Similarly Situated (Civil Action No. 85-401 Lon), John S. Lawrence, on Behalf of Himself and All Others Similarly Situated (Civil Action No. 85-447), Jerry C. Cohen (Civil Action No. 85-537 Mms). Appeal of John S. LawrenceCourt of Appeals for the Third Circuit · 1989
- Ivanhoe Partners v. Newmont Mining Corp.Supreme Court of Delaware · 1987
- Ramlall v. Mobilepro Corp.Court of Special Appeals of Maryland · 2011
- Barclay v. BarclaySupreme Court of Pennsylvania · 1987
- Ches v. ChesCourt of Special Appeals of Maryland · 1974
3 more not listed; retrieve them via the Exa API.