Pennzoil Wins $10.53 Billion Judgment Against Texaco, November 19, 1985

Pennzoil wins a US$10.53 billion judgment against Texaco, in the largest civil verdict in the history of the United States, stemming from Texaco executing a contract to buy Getty Oil after Pennzoil had entered into an unsigned, yet still binding, buyout contract with Getty.

Pennzoil wins a US$10.53 billion judgment against Texaco, in the largest civil verdict in the history of the United States, stemming from Texaco executing a contract to buy Getty Oil after Pennzoil had entered into an unsigned, yet still binding, buyout contract with Getty.

Date: November 19, 1985

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