Winston S. Morris, of the Estate of Robert Taylor Morris, Deceased v. The Ltv Corporation

GARZA, Circuit Judge.

I

FACTS

Robert Taylor Morris, plaintiff/appellant, was a real estate broker in Mexico. On February 28,1977, he received a letter from LTV authorizing him, on a nonexclusive basis, to obtain a buyer for the Hyatt Regency Hotel in Acapulco, Mexico. LTV owned the Hyatt and appellant claims LTV had been trying, without success, to sell it during the ten years prior to 1977. Morris’ authorization expired on April 30,1977. On May 16, 1977, Morris notified LTV that he had a bonafide buyer. On May 19, 1977, LTV sent Morris two letters. These letters authorized Morris, on a…