Texaco and the $10 Billion Jury

Texaco and the $10 Billion Jury PDF Author: James Shannon
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 592

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Book Description
Shannon was a juror in the 1984 Houston trial that awarded $10.5 billion damages to the Pennzoil Company in its lawsuit against Texaco for preempting Pennzoil's supposedly binding merger agreement with Getty Oil. The verdict stunned the business world and Texaco declared bankruptcy; a compromise four years later reduced the award to $3 billion. With excerpts from court testimony and legal arguments between lawyers, bankers and executives, Shannon reconstructs the four-month trial, adding narrative and interpretations of his own. He tells how jury-room deliberations led to a consensus that Texaco had interfered intentionally, and therefore illegally, with Pennzoil's ``done deal'' and must pay a $3 billion penalty in addition to the $7.5 billion Pennzoil claimed to have lost by not acquiring Getty's oil reserves. Major ad/promo; author tour. (June) Copyright 1988 Cahners Business Information.

Texaco and the $10 Billion Jury

Texaco and the $10 Billion Jury PDF Author: James Shannon
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 592

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Book Description
Shannon was a juror in the 1984 Houston trial that awarded $10.5 billion damages to the Pennzoil Company in its lawsuit against Texaco for preempting Pennzoil's supposedly binding merger agreement with Getty Oil. The verdict stunned the business world and Texaco declared bankruptcy; a compromise four years later reduced the award to $3 billion. With excerpts from court testimony and legal arguments between lawyers, bankers and executives, Shannon reconstructs the four-month trial, adding narrative and interpretations of his own. He tells how jury-room deliberations led to a consensus that Texaco had interfered intentionally, and therefore illegally, with Pennzoil's ``done deal'' and must pay a $3 billion penalty in addition to the $7.5 billion Pennzoil claimed to have lost by not acquiring Getty's oil reserves. Major ad/promo; author tour. (June) Copyright 1988 Cahners Business Information.

The Taking of Getty Oil

The Taking of Getty Oil PDF Author: Steve Coll
Publisher: Open Road Media
ISBN: 1504045041
Category : Business & Economics
Languages : en
Pages : 460

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Book Description
A larger-than-life account of family, greed, and a courtroom showdown between Big Oil rivals from the New York Times–bestselling author of Private Empire. Pulitzer Prize–winning author Steve Coll is renowned for “his ability to take complicated, significant business stories and turn them into quick-reading engaging narratives” (Chicago Tribune). Coll is at the height of his talents in this “riveting” tale of one of the most spectacular—and catastrophic—corporate takeovers of all time (Newsday). As the head of a sprawling oil empire, J. Paul Getty was once the world’s richest man. But by 1984, eight years after his death, Getty’s legacy was in tatters: His children were locked in a bitter feud over the family trust and the company he founded was riven by boardroom turmoil. Then Pennzoil made an agreement with Getty’s son, Gordon, to purchase Getty Oil. It was a done deal—until Texaco swooped in to claim the $10 billion prize. What followed was an epic legal battle that pit “good ole boy” J. Hugh Liedtke of Pennzoil against the Wall Street brokers behind Texaco’s offer. The scandalous details of the case would shock the business world and change the landscape of the oil industry forever. With a large cast of colorful characters and the dramatic pacing of a novel, The Taking of Getty Oil is a “suspenseful” and “always intriguing” chronicle of one of the most fascinating chapters in American corporate history (Publishers Weekly).

Oil & Honor

Oil & Honor PDF Author: Thomas Petzinger
Publisher: Beard Books
ISBN: 9781893122079
Category : Business & Economics
Languages : en
Pages : 508

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Book Description


Verdict

Verdict PDF Author: Robert E. Litan
Publisher: Brookings Institution Press
ISBN: 081572019X
Category : Law
Languages : en
Pages : 557

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Book Description
The right to a jury trial is a fundamental feature of the American justice system. In recent years, however, aspects of the civil jury system have increasingly come under attack. Many question the ability of lay jurors to decide complex scientific and technical questions that often arise in civil suits. Others debate the high and rising costs of litigation, the staggering delay in resolving disputes, and the quality of justice. Federal and state courts, crowded with growing numbers of criminal cases, complain about handling difficult civil matters. As a result, the jury trial is effectively being challenged as a means for resolving disputes in America. Juries have been reduced in size, their selection procedures altered, and the unanimity requirement suspended. For many this development is viewed as necessary. For others, it arouses deep concern. In this book, a distinguished group of scholars, attorneys, and judges examine the civil jury system and discuss whether certain features should be modified or reformed. The book features papers presented at a conference cosponsored by the Brookings Institution and the Litigation Section of the American Bar Association, together with an introductory chapter by Robert E. Litan. While the authors present competing views of the objectives of the civil jury system, all agree that the jury still has and will continue to have an important role in the American system of civil justice. The book begins with a brief history of the jury system and explains how juries have become increasingly responsible for decisions of great difficulty. Contributors then provide an overview of the system's objectives and discuss whether, and to what extent, actual practice meets those objectives. They summarize how juries function and what attitudes lawyers, judges, litigants, former jurors, and the public at large hold about the current system. The second half of the book is devoted to a wide range of recommendations that w

Mergers, Acquisitions, and Corporate Restructurings

Mergers, Acquisitions, and Corporate Restructurings PDF Author: Patrick A. Gaughan
Publisher: John Wiley & Sons
ISBN: 0471237299
Category : Business & Economics
Languages : en
Pages : 634

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Book Description
The most comprehensive and up-to-date guide to modern corporate restructuring techniques Mergers and acquisitions are two of today's most important competitive tools used by corporations in a rapidly changing global business landscape. In this new updated and revised Third Edition of his groundbreaking book-winner of the Book of the Year Award in its category from the Association of American Publishers-author, business valuations expert, and professor Patrick Gaughan illustrates how mergers, acquisitions, and other vital forms of restructuring can work for corporations. This University Edition includes review questions specifically designed for finance students and those studying for the MBA degree. Packed with helpful advice and proven strategies, this book: * Explains virtually every type of corporate restructuring, including mergers and acquisitions, divestitures, reorganizations, joint ventures, leveraged buyouts, and more * Details the latest trends and delivers a modern, international perspective on the field * Integrates the latest relevant research in the field of mergers into the book's pragmatic treatment of the subject * Offers comprehensive coverage of the latest methods and techniques for business valuations of both public and closely held companies * Looks at the key strategies and motivating factors that arise during the course of restructurings * Analyzes and incorporates necessary legal, economic, and corporate finance considerations * Offers the best offensive and defensive tactics for hostile takeovers

Historical Dictionary of the Petroleum Industry

Historical Dictionary of the Petroleum Industry PDF Author: Marius S. Vassiliou
Publisher: Rowman & Littlefield
ISBN: 1538111608
Category : Business & Economics
Languages : en
Pages : 671

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Book Description
The petroleum industry is unique: it is an industry without which modern civilization would collapse. Despite the advances in alternative energy, petroleum’s role is still central. Petroleum still drives economics, geopolitics, and sometimes war. The history of petroleum is, to some measure, the history of the modern world. This book represents a concise but complete one-volume reference on the history of the petroleum industry from pre-modern times to the present day, covering all aspects of business, technology, and geopolitics. The book also presents an analysis of the future of petroleum, and a highly useful set of statistical graphs. Anyone interested in the history, status, and outlook for petroleum will find this book a uniquely valuable first place to look. This new second edition incorporates all the revolutionary changes in the petroleum landscape since the first edition was published, including the boom in extraction of oil and gas from shale formations using techniques such as fracking and horizontal drilling. This second edition of Historical Dictionary of the Petroleum Industry contains a chronology, an introduction, appendixes, and an extensive bibliography. The dictionary section has over 500 cross-referenced entries on companies, people, events, technologies, countries, provinces, cities, and regions related to the history of the world’s petroleum industry. This book is an excellent resource for students, researchers, and anyone wanting to know more about the petroleum industry.

Dangerous Pursuits

Dangerous Pursuits PDF Author: Walter Adams
Publisher: Beard Books
ISBN: 9781587981890
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
This is a reprint of a previously published work. It deals with the rules of th game of megamergers: the stategies, the legl maneuvers, the daring moves and counter-moves of corporate titans.

Video Tactics in Settlement and Trial

Video Tactics in Settlement and Trial PDF Author: Alan S. Loewinsohn
Publisher: John Wiley & Sons
ISBN:
Category : Law
Languages : en
Pages : 280

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Book Description


Let's Make a Deal

Let's Make a Deal PDF Author: Herbert M. Kritzer
Publisher: Univ of Wisconsin Press
ISBN: 9780299128241
Category : Language Arts & Disciplines
Languages : en
Pages : 230

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Book Description
Veteran San Francisco policeman Mullen is out to clean up the reputation of the town by re-evaluating the activity and goals of the 1851 Vigilance Committee, which has loomed so large in historical interpretations. He analyzes the incidence of crime, and describes the development of courts, police, and jails from 1846 to 1852. Describes the day-to-day negotiation and settlement process, which keeps 99% of all lawsuits from ever coming to court. The data is drawn from interviews with lawyers involved in state and federal cases, so the perspective is a lawyer's rather than a litigant's. Paper edition (unseen), $12.95. Annotation copyrighted by Book News, Inc., Portland, OR

The Litigation Manual

The Litigation Manual PDF Author: John G. Koeltl
Publisher: American Bar Association
ISBN: 9781570736551
Category : Law
Languages : en
Pages : 804

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Book Description