Business & Tech
BP Sues City Councilman
Adam Nick, who operated an Arco gas station in Lake Forest, allegedly owes $177,000 to parent company British Petroleum.
Adam Nick, who won the November election to sit on the Lake Forest City Council, may be sitting in a courtroom if British Petroleum has its way.
The businessman has been targeted by a division of the oil giant in a lawsuit claiming $177,000 in damages for breaking a contract to operate the Arco AM/PM on Lake Forest Drive at Regency Lane, according to the Orange County Register.
BP West Coast Products alleges Nick signed a contract with Arco in 2002 to operate the business through 2013. Nick told the Register he began selling non-Arco fuel after their relationship soured following his refusal to sign a contract extension in 2009 and, in retaliation, BP stopped delivering enough fuel to keep his tanks stocked.
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About $73,000 of the damages is for gasoline, royalty fees and infrastructure such as retail software and cashier equipment, and $104,000 is for ending the contract ahead of schedule in 2011.
For quotes and other information, see the story in the OC Register.
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