Legal Opinion
Abilene National Bank v. Fina Supply, Inc.
Court of Appeals for the Fifth Circuit
Decided September 19, 1986No. 85-1761PublishedCited by 1 opinion
1Opinion of the Court
GARZA, Circuit Judge:
BACKGROUND
This case involves the relationship of two petroleum exchange agreements made by Brio Petroleum, Inc. (“Brio”) and two other oil companies, Ashland Sub 26, Inc. a/k/a Scurlock Oil Company (“Scurlock”) and Fina Supply, Inc. a/k/a Fina Oil and Chemical Company (“Fina”). One agreement, between Brio and Fina (the “Fina Exchange”), dated April 24,1981, provided for the daily exchange of 5,000 barrels of Gid-dings type crude oil. Brio agreed to deliver its oil to the “Getty Pipeline, Cushing Station” and to pay Fina a $.25 per barrel differential. Fina agreed to…
2Cases cited6 opinions
- United States v. Gurleon Maxi Jackson, Talmadge Alvin Whitley and Nathan Phillip HicksCourt of Appeals for the Fifth Circuit · 1983
- In Re Murdock MacHine and Engineering Co. Of Utah, Bankrupt. Ramco Steel, Inc. v. Lindsey Kesler, Trustee, and United States of AmericaCourt of Appeals for the Tenth Circuit · 1980
- Matter of Marin Motor Oil, Inc.Court of Appeals for the Third Circuit · 1984
- Amoco Pipeline Company, a Corporation v. Admiral Crude Oil Corporation v. Tulsa Crude Oil Purchasing CompanyCourt of Appeals for the Tenth Circuit · 1974
- Aventura Sportswear, Ltd. v. Maloney Enterprises, Inc. (In Re Maloney Enterprises, Inc.)United States Bankruptcy Court, E.D. Kentucky · 1983
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3Cited by1 opinion
- Brio Petroleum, Inc. v. Fina Supply, Inc.Court of Appeals for the Fifth Circuit · 1986