Legal Opinion

Dresser Industries, Inc. v. Underwriters at Lloyd's, London

Texas Court of Appeals, 6th District (Texarkana)

Decided June 10, 2003No. 06-02-00113-CVPublishedCited by 8 opinions

1Opinion of the Court

OPINION

Opinion by

Justice CARTER.

Background

In 1989, Dresser Industries, Inc. was sued by Parker and Parsley for fraud and negligence in providing well servicing operations. Dresser defended the federal court suit and was found liable for both fraud and negligence, and was assessed damages of $185 million. However, the federal court case was reversed. A similar suit was then filed in state court. The case was settled with Parker and Parsley for $115 million. By this time, Dresser called on its insurance companies to provide coverage for the Parker and Parsley claims. Dresser also had an excess…

2Cases cited29 opinions

  1. Nixon v. Mr. Property Management Co.Texas Supreme Court · 1985
  2. City of Houston v. Clear Creek Basin AuthorityTexas Supreme Court · 1979
  3. McConnell v. Southside Independent School DistrictTexas Supreme Court · 1993
  4. Johnson & Higgins of Texas, Inc. v. Kenneco Energy, Inc.Texas Supreme Court · 1998
  5. State Farm Fire & Casualty Co. v. S.S.Texas Supreme Court · 1993

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3Cited by8 opinions

  1. St. Paul Fire and Marine Ins. Co. v. Compaq Computer Corp.Court of Appeals for the Eighth Circuit · 2008
  2. D.R. Horton, Inc. v. American Guarantee & Liability & InsuranceDistrict Court, N.D. Texas · 2012
  3. Darrell McKnight and Michael Palmer v. American Mercury Insurance Company, Texas Court of Appeals, 6th District (Texarkana)2008
  4. Jerry Smith, on Behalf of the Heirs of Wade and Clara Smith v. Horace E. Peek and Elizabeth J. Peek, Texas Court of Appeals, 6th District (Texarkana)2011
  5. Lajonte James v. State, Texas Court of Appeals, 6th District (Texarkana)2001

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