Editorial Caballero, S.A. De C v. v. Playboy Enterprises, Inc.

OPINION

Opinion by

Justice RODRIGUEZ.

This is a commercial dispute between appellants, Editorial Caballero, S.A. de C.V. (EC) and Grupo Siete International, Inc. (GSI), and appellee, Playboy Enterprises, Inc. (PEI). For over twenty years EC published and distributed a Spanish language version of Playboy magazine in Mexico and other Latin American countries. In October 1996, PEI and EC entered into a licensing agreement (License Agreement) that provided, in relevant part, that EC could publish a Spanish language version of Playboy for distribution in the United States. GSI was EC’s as-signee of…