Legal Opinion
Coastal Corp. v. Texas Eastern Corp.
Court of Appeals for the Fifth Circuit
Decided March 29, 1989No. 89-2065PublishedCited by 28 opinions
1Opinion of the Court
EDITH H. JONES, Circuit Judge:
An injunction procured by material misrepresentation may not be sustained. The circumstances in this case demonstrate that Coastal has not sought equitable relief with clean hands. We therefore vacate the district court’s injunction against the commencement of parallel litigation in any other court.
I
On Friday, January 13, 1989, Coastal’s management tentatively decided to embark on a hostile tender offer at $42 per share for Texas Eastern. Coastal immediately engaged the services of Skadden Arps, Slate, Meagher & Flom to assist with legal strategy. Coastal,…
2Cases cited13 opinions
- Griggs v. Provident Consumer Discount Co.Supreme Court of the United States · 1982
- Atlantic Coast Line Railroad v. Brotherhood of Locomotive EngineersSupreme Court of the United States · 1970
- Donald J. Willy, and George A. Young v. The Coastal Corp., Coastal States Management Co., Inc., DefendantsCourt of Appeals for the Fifth Circuit · 1988
- Flynt Distributing Company, Inc. v. Leon Harvey, Alfred HarveyCourt of Appeals for the Ninth Circuit · 1984
- The State of New York v. The Nuclear Regulatory CommissionCourt of Appeals for the Second Circuit · 1977
8 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- United States v. MalaCourt of Appeals for the First Circuit · 1993
- Sierra Club, Lone Star Chapter, Plaintiff-Counter v. Cedar Point Oil Company Inc., Defendant-Counter Claimant-Appellant. Sierra Club, Lone Star Chapter, Plaintiff-Counter v. Cedar Point Oil Company Inc., Defendant-Counter Claimant-AppelleeCourt of Appeals for the Fifth Circuit · 1996
- Baum v. Blue Moon Ventures, LLCCourt of Appeals for the Fifth Circuit · 2008
- Sierra Club, Lone Star Chapter v. Cedar Point Oil Co.Court of Appeals for the Fifth Circuit · 1996
- Prudential Real Estate Affiliates, Inc. v. PPR Realty, Inc.Court of Appeals for the Ninth Circuit · 2000
23 more not listed; retrieve them via the Exa API.