Legal Opinion
Paragon Resources, Inc. v. National Fuel Gas Distribution Corporation
Court of Appeals for the Fifth Circuit
Decided January 21, 1983No. 81-3813PublishedCited by 53 opinions
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
We review an interpretation of an escalator provision in a gas purchase agreement between Paragon Resources, a natural gas producer, and National Fuel Gas Distribution Corp., a gas distributor. The escalator provision required Distribution Corp. to increase the price it paid Paragon for natural gas each year by the ¿mount that “the average cost of gas” supplied by three pipelines to Distribution Corp. and related companies had increased. Distribution Corp. reads the escalator as permitting it to reduce its price to Paragon by the amount of refunds the…
2Cases cited18 opinions
- Fed. Sec. L. Rep. P 97,956 David Broad v. Rockwell International CorporationCourt of Appeals for the Fifth Circuit · 1981
- 67 Wall Street Co. v. Franklin National BankNew York Court of Appeals · 1975
- West, Weir & Bartel, Inc. v. Mary Carter Paint Co.New York Court of Appeals · 1969
- Eskimo Pie Corporation v. Whitelawn Dairies, Inc.District Court, S.D. New York · 1968
- Division of the Triple T Service, Inc. v. Mobil Oil Corp.Appellate Division of the Supreme Court of the State of New York · 1969
13 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- Lenape Resources Corp. v. Tennessee Gas Pipeline Co.Texas Supreme Court · 1996
- Hidden Oaks Limited, Hidden Oaks Limited, Plaintiff-Appellee-Cross-Appellant v. The City of Austin, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1998
- Walk-In Medical Centers, Inc. v. Breuer Capital Corp.Court of Appeals for the Second Circuit · 1987
- In Re Amarex, Inc., Debtor. Robert O. Isaac v. Temex Energy, Inc., Successor by Merger to Amarex, Inc.Court of Appeals for the Tenth Circuit · 1988
- Transource International, Inc. v. Trinity Industries, Inc., a Texas CorporationCourt of Appeals for the Fifth Circuit · 1984
48 more not listed; retrieve them via the Exa API.