Getty-Texaco legal battle

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:appealsTo Texaco appealed the verdict
gptkbp:consequence Texaco filed for bankruptcy protection
gptkbp:containsSettlement Texaco settled with Pennzoil for $3 billion
gptkbp:destroyedBy $10.53 billion
gptkbp:endDate 1988
https://www.w3.org/2000/01/rdf-schema#label Getty-Texaco legal battle
gptkbp:involvedIn gptkb:Texaco
gptkb:Pennzoil
gptkb:Getty_Oil
gptkbp:judge Texas District Court
gptkbp:legalIssue breach of contract
gptkbp:location gptkb:United_States
gptkbp:notableFor one of the largest civil verdicts in U.S. history
gptkbp:relatedTo Getty Oil acquisition
gptkbp:result Texaco ordered to pay damages to Pennzoil
gptkbp:startDate 1984
gptkbp:bfsParent gptkb:Getty_Oil
gptkbp:bfsLayer 7