Getty Oil Company v. Skelly Oil Company
Supreme Court of Delaware
1Opinion of the Court
WOLCOTT, Chief Justice.
This is an appeal and cross-appeal from a declaratory judgment action brought by a corporate parent for the purpose of determining its duty, if any, to share oil import allocations with its subsidiary.
Getty Oil Company (Getty), a Delaware corporation, owns (through Mission Corporation, a publicly owned holding company) 71% of the stock of Skelly Oil Company (Skelly). Skelly is also a Delaware corporation and the balance of its stock is publicly held. Both parties are in the business of refining and marketing crude oil and crude oil products; Getty as a coastal refinery…
2Cases cited12 opinions
- Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
- David J. Greene & Co. v. Dunhill International, Inc.Court of Chancery of Delaware · 1968
- Standard Power & Light Corp. v. Investment Associates, Inc.Supreme Court of Delaware · 1947
- Western Pac R.R. Corp. v. Western Pac. R. Co. Metzger v. Western Pac. R. Co.Court of Appeals for the Ninth Circuit · 1952
- American Hardware Corp. v. Savage Arms Corp.Supreme Court of Delaware · 1957
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3Cited by29 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
- Tanzer v. International General Industries, Inc.Supreme Court of Delaware · 1977
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