A high court judge yesterday dismissed an attempt by Jamaica Labour Party deputy leader, Audley Shaw, to prevent Joey Issa’s Cool Oasis from assuming the management of a petrol station in Christiana. The management will change at month-end.

But the courts are still to decide whether the Shaws have a stake in the company that owns the station.

The Shaws – Audley and his wife Maureen – had sought an injunction to prevent Cool Oasis, whose ventures include operating service stations and the bulk distribution of petrol, from removing them from the management of the station.

Cool Oasis claimed poor management and the failure to meet debts on the part of the Shaws and took its action, it argued, in keeping with the Memorandum of Understanding covering its relationship with the Shaws.

The Shaws initially developed the station in the central Manchester town, but apparently turned to Cool Oasis when it ran into trouble. A company called Cool Oasis Christiana Ltd was formed to own the station.

Cool Oasis claimed that under the arrangement, it delivered petrol to the station at cost and the first charge from the sale was for the payment of supplies, followed by the servicing of the debt Cool Oasis raised to liquidate the mortgages that were in place when the Shaws controlled the station.

Any profits were to have been split 50:50. But Cool Oasis claimed that debts remained unpaid and no profits remitted, suggesting that the Shaws’ equity in the venture was eroded.

The Shaws have disputed those claims as well as the levels of the profits owed.