Search for: "Texaco, Inc. v. N. L. R. B"
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16 Jan 2021, 10:57 pm
Unfortunately, when negotiations between the parties break down, letters of intent are often at the center of litigation.[2] In perhaps the most famous example of litigation around the enforceability of a letter of intent, Pennzoil won a judgment against Texaco for $10.5 billion, and Texaco was forced to seek bankruptcy protection.[3] Despite the legal risks, companies continue to use letters of intent. [read post]
5 Dec 2017, 12:01 pm
Scott R. [read post]
17 Jul 2012, 2:03 pm
Texaco Puerto Rico, Inc., 123 D.P.R. 351 (1989). 3. [read post]
15 Aug 2008, 6:13 pm
Texaco, Inc., 46 Cal.3d 1147 (1988), and that such precedent should be used “with caution. [read post]