Search for: "Texaco, Inc. v. Pennzoil Co." Results 1 - 3 of 3
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1 Jun 2007, 8:14 am
Anyway, what began as a lien enforcement proceeding (see Gem Plumbing & Heating Co. v. [read post]
16 Jan 2021, 10:57 pm by Mahmoud Khatib
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]
21 Feb 2011, 5:33 am by Susan Brenner
Code §§ 2701-2712], Facebook, Inc. moved to quash the subpoena. [read post]