Den Norske Stats Oljeselskap, AS v. Hydrocarbon Processing, Inc.
District Court, S.D. Texas
1Opinion of the Court
Opinion on Summary Judgment
HUGHES, District Judge.
1. Introduction.
Two companies entered into contracts for the sale of propane. A broker arranged the contracts and confirmed them by telephone calls and facsimile transmissions to both companies. When the price of propane dropped, one of the companies repudiated the contracts. The other sued seeking damages. Because contracts were formed, confirmed, and breached, the damaged company will recover its loss.
2. Facts.
On September 24, 1996, Hydrocarbon Processing, Inc. (Hydro) agreed to sell Den norske stats oljeselskap, a.s. (Statoil), 10,000…
2Cases cited4 opinions
- Adams v. Petrade International, Inc., Texas Court of Appeals, 1st District (Houston)1988
- The Louisiana Land and Exploration Company v. Pilot Petroleum CorporationCourt of Appeals for the Fifth Circuit · 1990
- Laredo Nat. Bank v. GordonCourt of Appeals for the Fifth Circuit · 1932
- Producers Grain Corp. v. RustCourt of Appeals of Texas · 1950
3Cited by3 opinions
- Westlake Petrochemicals, L.L.C. v. United Polychem, Inc.Court of Appeals for the Fifth Circuit · 2012
- Den Norske Stats v. Hydrocarbon ProcessCourt of Appeals for the Fifth Circuit · 1998
- Westlake Petrochemicals, L.L.C v. United PolychemCourt of Appeals for the Fifth Circuit · 2012