Legal Opinion
Permian Petroleum Co. v. Petroleos Mexicanos
Court of Appeals for the Fifth Circuit
Decided June 27, 1991No. Nos. 89-5694, 90-5596PublishedCited by 55 opinions
1Opinion of the Court
CLARK, Chief Judge:
Permian Petroleum Company (Permian) brought this action against Petróleos Mexi-canos (Pemex). Permian claims that Pe-mex refused to pay for several deliveries of liquified petroleum gas (LPG). Pemex contends that its refusal to pay was proper because a 1983 agreement entitles it to apply a credit against obligations owed to Permian. Dallas International Bank (DIB) intervened and claims that Pemex converted collateral in which DIB allegedly retains a security interest. Texas law governs the issues in this diversity case. The district court granted DIB’s motion for summary…
2Cases cited30 opinions
- Castleberry v. BranscumTexas Supreme Court · 1986
- Waisath v. Lack's Stores, Inc.Texas Supreme Court · 1971
- Stewart v. BaseyTexas Supreme Court · 1952
- Archer v. GriffithTexas Supreme Court · 1964
- Gentry v. Credit Plan Corporation of HoustonTexas Supreme Court · 1975
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3Cited by55 opinions
- Burch v. Regents of the University of CaliforniaDistrict Court, E.D. California · 2006
- Edge Petroleum Operating Co. v. GPR Holdings, L.L.C.Court of Appeals for the Fifth Circuit · 2007
- Golden Blount, Inc. v. Robert H. Peterson Co.Court of Appeals for the Federal Circuit · 2006
- United States v. Warren Eugene WakeCourt of Appeals for the Fifth Circuit · 1991
- C.F. Trust, Inc. v. First Flight Ltd. PartnershipSupreme Court of Virginia · 2003
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