Pennzoil v. Texaco, Twenty Years After: Lessons for Business Lawyers
By Robert M. Lloyd, February 8, 2012
This post has been viewed 1,968 times.
This article provides a brief description of the corporate transaction that gave rise to the Pennzoil v. Texaco lawsuit. The Pennzoil case offers several lessons for business lawyers. One important lesson is that business lawyers should consider whether arbitration clauses will benefit clients when drafting contracts.
