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OCEAN PETROLEUM v. YANEK

No. 109, September Term 2009.

5 A.3d 683 (2010)

416 Md. 74

OCEAN PETROLEUM, CO., INC. v. Dorothy YANEK, et al.

Court of Appeals of Maryland.

October 4, 2010.

Attorney(s) appearing for the Case

Matthew T. Mills (Raymond S. Smethurst, Jr., Adkins, Potts & Smethurst, LLP, Salisbury), on brief, for Appellant.

John B. Robins, IV (John B. Robins, IV, P.A., Salisbury), on brief, for Appellees.

Argued before BELL, C.J., HARRELL, BATTAGLIA, GREENE, MURPHY, BARBERA and JOHN C. ELDRIDGE (Retired, Specially Assigned), JJ.

BARBERA, J.

This appeal arises out of a declaratory judgment action filed in Circuit Court for Worcester County, in which Appellant, Ocean Petroleum Co., and Appellees, Dorothy Yanek and the Estate of Victor Yanek, sought to establish the meaning of "fair market value" as that term appears in an option to purchase provision of a lease agreement between these parties. For the foregoing reasons, we affirm the judgment of the Circuit Court.

I.

Appellant...

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