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ELLIS v. MOBIL OIL CORP.

No. CIV 87-1997 PHX CLH.

708 F.Supp. 1094 (1989)

Richard G. ELLIS, Plaintiff, v. MOBIL OIL CORPORATION, a New York corporation; Union Oil Company of California, a California corporation, Defendants.

United States District Court, D. Arizona.

March 16, 1989.

Attorney(s) appearing for the Case

Ronald W. Meyer, Phoenix, Ariz., for plaintiff.

N. Warner Lee, Phoenix, Ariz., for defendants.

MEMORANDUM OPINION AND ORDER

HARDY, District Judge.

Plaintiff Richard G. Ellis ("Ellis") operates a service station under a franchise agreement with defendant Mobil Oil Corporation ("Mobil"). Mobil and Union Oil Company of California ("Unocal") agreed to trade several service stations, and assigned a specific value to each station. Ellis's station (one of the properties to be traded) was valued at $581,000....

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