Yacht Seller Alleges Oracle CEO Owes Him $700,000.(Knight Ridder/Tribune Business News)

Knight Ridder/Tribune Business News,  July, 2000  

Tags: Captain, Oracle Corp.

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Jul. 20--"Captain" Larry Ellison is back in choppy waters.

This time, the storm is brewing inside a San Mateo County Superior courtroom where the colorful Oracle CEO and billionaire is being sued by a Florida yacht seller who claims Ellison cut him out of a $700,000 commission on a $10 million yacht Ellison bought in the fall of 1996.

On Wednesday, opening arguments -- by three sets of attorneys -- portrayed Ellison as either an innocent bystander or a despicable cad who intentionally eliminated the yacht seller from the deal.

The trial -- centered around a ...

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