4/18/2023 0 Comments Shareplus 503 error![]() The main questions for our determination are: (1) whether the evidence supports the jury's finding that there was a binding contract between the Getty entities and Pennzoil, and that Texaco knowingly induced a breach of such contract (2) whether the trial court properly instructed the jury on the law pertinent to the case (3) whether the evidence supported the jury's damage awards (4) whether the trial court committed reversible error in its admission and exclusion of certain evidence (5) whether the conduct and posture of the trial judge denied Texaco a fair trial and (6) whether the judgment violates certain articles of the United States Constitution. ![]() (5) Pennzoil was entitled to punitive damages of $3 billion. (4) Texaco's actions were intentional, willful, and in wanton disregard of Pennzoil's rights and, (3) As a result of Texaco's interference, Pennzoil suffered damages of $7.53 billion ![]() (2) Texaco knowingly interfered with the agreement between Pennzoil and the Getty entities Getty Trust would own 4/7th of the stock and Pennzoil the remaining 3/7th and providing for a division of Getty Oil's assets, according to their respective ownership if the Trust and Pennzoil were unable to agree on a restructuring of Getty Oil by Decem (1) At the end of a board meeting on January 3, 1984, the Getty entities intended to bind themselves to an agreement providing for the purchase of Getty Oil stock, whereby the Sarah C. The jury found, among other things, that: This is an appeal from a judgment awarding Pennzoil damages for Texaco's tortious interference with a contract between Pennzoil and the "Getty entities" (Getty Oil Company, the Sarah C. Muldrow, Waco, for appellee.īefore WARREN, JACK SMITH and SAM BASS, JJ. Unis, Strasburger & Price, Dallas, Louis S. Soules, III, Soules & Reed, San Antonio, Royal H. Reasoner, Vinson & Elkins, Houston, Luther H. Edwards, Edwards & Terry, Corpus Christi, for appellant. Keeton, Miller, Keeton, Bristow & Brown, Houston, William R. McMains, McMains & Constant, Corpus Christi, Gibson Gayle, Jr., James B. Rehearings Denied April 24 and May 26, 1987. 01-86-0216-CV.Ĭourt of Appeals of Texas, Houston (1st Dist.).
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