Legal Opinion
American International Trading Corp., Cross-Appellant v. Petroleos Mexicanos, Cross-Appellee
Court of Appeals for the Fifth Circuit
Decided December 23, 1987No. 86-2941PublishedCited by 40 opinions
1Opinion of the Court
WISDOM, Circuit Judge:
The key question presented by this appeal is whether, in a contract action tried under Texas law, a prevailing plaintiff is always entitled to an award of prejudgment interest. We find that an award of prejudgment interest is not mandatory in all Texas contract cases, but in this case the trial court provided an insufficient explanation for denying the plaintiff’s request for prejudgment interest. We, therefore, remand this case and direct the district court to reconsider its denial of prejudgment interest.
I. FACTS AND PRIOR PROCEEDINGS
On September 15, 1981, Petróleos…
2Cases cited14 opinions
- Cavnar v. Quality Control Parking, Inc.Texas Supreme Court · 1985
- Mrs. Christine Keyes, Wife Of/and Thomas Keyes v. Ray Lauga, Office of Charity Hospital of Louisiana at New Orleans, IntervenorCourt of Appeals for the Fifth Circuit · 1981
- John M. Hagerty v. Succession of Laura McCloskey ClementCourt of Appeals for the Fifth Circuit · 1984
- Shelak v. White Motor Co.Court of Appeals for the Fifth Circuit · 1978
- Mercedes-Benz of North America, Inc. v. DickensonCourt of Appeals of Texas · 1986
9 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Bridas S.A.P.I.C. v. Government of TurkmenistanCourt of Appeals for the Fifth Circuit · 2003
- Martin's Herend Imports, Inc. v. Diamond & Gem Trading United States of America Co.Court of Appeals for the Fifth Circuit · 1999
- Fed. Sec. L. Rep. P 98,372 Executone Information Systems, Inc. v. Lloyd K. DavisCourt of Appeals for the Fifth Circuit · 1994
- Thomas Fashauer, Jr. v. New Jersey Transit Rail Operations, IncCourt of Appeals for the Third Circuit · 1995
- Ross v. Texas One Partnership, Texas Court of Appeals, 5th District (Dallas)1990
35 more not listed; retrieve them via the Exa API.