Legal Opinion

La-Nevada Transit Company v. Marathon Oil Company

Court of Appeals for the Fifth Circuit

Decided March 11, 1993No. 92-4627PublishedCited by 13 opinions

1Opinion of the Court

JOHNSON, Circuit Judge:

Louisiana-Nevada Transit Company (LNT) brought suit against Marathon Oil Company (Marathon) seeking an injunction to prevent Marathon from ceasing sales under a natural gas purchase contract. Marathon counterclaimed for damages and a declaratory judgment that the contract had been terminated. The district court granted summary judgment in favor of Marathon, 770 F.Supp. 325, and LNT now appeals. We hold that Marathon made a timely exercise of its option to terminate the purchase contract. Accordingly, the order of the district court granting summary judgment in favor of…

2Cases cited5 opinions

  1. First Commodity Traders, Inc. v. Heinold Commodities, Inc.Court of Appeals for the Seventh Circuit · 1985
  2. College Point Boat Corp. v. United StatesSupreme Court of the United States · 1925
  3. Donald M. Johnson v. Bob OdomCourt of Appeals for the Fifth Circuit · 1990
  4. Atlantic Banana Company v. Standard Fruit & Steamship CompanyCourt of Appeals for the Fifth Circuit · 1974
  5. Louisiana Nevada Transit Co. v. Marathon Oil Co.District Court, W.D. Louisiana · 1991

3Cited by13 opinions

  1. EOP-Colonnade of Dallas Ltd. Partnership v. FaulknerCourt of Appeals for the Fifth Circuit · 2005
  2. Glenn v. ReeseUtah Supreme Court · 2009
  3. Vinson Minerals, Ltd. v. XTO Energy, Inc., Texas Court of Appeals, 2nd District (Fort Worth)2010
  4. Morris Silverman Management Corp. v. Western Union Financial Services, Inc.District Court, N.D. Illinois · 2003
  5. Cedar Rapids Television Co. v. MCC Iowa LLCCourt of Appeals for the Eighth Circuit · 2009

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