Legal Opinion
Pennzoil Co. v. Texaco Inc.
Supreme Court of the United States
Decided April 6, 1987No. 85-1798PublishedCited by 1,821 opinions
1Opinion of the CourtJustice Powell
The principal issue in this case is whether a federal district court lawfully may enjoin a plaintiff who has prevailed in a trial in state court from executing the judgment in its favor pending appeal of that judgment to a state appellate court.
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Getty Oil Co. and appellant Pennzoil Co. negotiated an agreement under which Pennzoil was to purchase about three-sevenths of Getty’s outstanding shares for $110 a share. Appellee Texaco Inc. eventually purchased the shares for $128 a share. On February 8, 1984, Pennzoil filed a complaint against Texaco in the Harris County District Court, a state…
2Cases cited22 opinions
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- District of Columbia Court of Appeals v. FeldmanSupreme Court of the United States · 1983
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- Lugar v. Edmondson Oil Co.Supreme Court of the United States · 1982
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3Cited by1,821 opinions
- Exxon Mobil Corp. v. Saudi Basic Industries Corp.Supreme Court of the United States · 2005
- Texas Ass'n of Business v. Texas Air Control BoardTexas Supreme Court · 1993
- New Orleans Public Service, Inc. v. Council of City of New OrleansSupreme Court of the United States · 1989
- Sprint Commc'ns, Inc. v. JacobsSupreme Court of the United States · 2013
- Ankenbrandt Ex Rel. L. R. v. RichardsSupreme Court of the United States · 1992
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