Panama-Williams, Inc. v. Lipsey

PEDEN, Justice.

Panama-Williams, Inc., plaintiff below, appeals from the granting of a summary judgment to defendants R. L. Lipsey, individually, Lipsey, Inc., Consolidated Pipe Line Contractors, Inc., and to Gulf Refining Company. The defendants’ motion for summary judgment asserted that a purported oral joint venture agreement between Lipsey, Inc., and the appellant (1) was barred by the statute of frauds because it was not to be performed within one year, (2) was unenforceable because of vagueness and want of mutuality and (3) was unenforceable because Gulf failed to accept a joint bid that…