Pennzoil v. Texaco legal case

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:appealsTo Texaco appealed
gptkbp:citation gptkb:481_U.S._1_(1987)
gptkbp:containsSettlement Texaco settled for $3 billion
gptkbp:date 1987
February 1987
gptkbp:defendant gptkb:Texaco_Inc.
gptkbp:destroyedBy $10.53 billion
gptkbp:filingDate 1984
gptkbp:fullName gptkb:Pennzoil_Co._v._Texaco,_Inc.
https://www.w3.org/2000/01/rdf-schema#label Pennzoil v. Texaco legal case
gptkbp:impact influenced contract law and corporate mergers
gptkbp:judge gptkb:Texas_state_court
gptkbp:jurisdiction gptkb:United_States
gptkbp:notableFor largest civil verdict in U.S. history at the time
gptkbp:plaintiff gptkb:Pennzoil_Company
gptkbp:principle tortious interference with contract
gptkbp:relatedTo gptkb:Getty_Oil_Company
gptkbp:result Texaco filed for bankruptcy protection
gptkbp:subject tortious interference with contract
gptkbp:verdict in favor of Pennzoil
gptkbp:bfsParent gptkb:Texaco
gptkbp:bfsLayer 5