International Business MacHines Corporation v. Lufkin Industries, Inc.

IN THE SUPREME COURT OF TEXAS ══════════ No. 17-0666 ══════════ INTERNATIONAL BUSINESS MACHINES CORPORATION, PETITIONER, v. LUFKIN INDUSTRIES, LLC, RESPONDENT ══════════════════════════════════════════ ON PETITION FOR REVIEW FROM THE COURT OF APPEALS FOR THE TWELFTH DISTRICT OF TEXAS ══════════════════════════════════════════ Argued December 6, 2018 JUSTICE BOYD delivered the opinion of the Court. JUSTICE BLACKLOCK did not participate in the decision. Under Texas law, a party may be liable in tort for fraudulently inducing another party to enter into a contract. But the party may avoid…