Interamerican Refining Corp. v. Texaco Maracaibo, Inc.

307 F. Supp. 1291 (1970)

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Interamerican Refining Corp. v. Texaco Maracaibo, Inc.

United States District Court for the District of Delaware
307 F. Supp. 1291 (1970)

Facts

Interamerican Refining Corp. (Interamerican) (plaintiff) was formed by prominent Venezuelan nationals who were disliked by the Venezuelan government. Interamerican began buying Venezuelan crude oil from Texaco Maracaibo, Inc. and other companies (the crude-oil suppliers) (defendants) with the intent of exporting it to the United States, where it would be processed at an oil refinery and reexported, to avoid paying customs. The crude-oil suppliers stopped selling additional crude oil to Interamerican after Venezuela prohibited these sales. Interamerican was unable to end its lease agreement with the United States oil refinery. Interamerican filed suit under the Sherman Act and Clayton Act, alleging that the crude-oil suppliers had violated these antitrust laws by boycotting or refusing to deal with Interamerican. The crude-oil suppliers moved for summary judgment dismissing the case as a matter of law.

Rule of Law

Issue

Holding and Reasoning (Wright, C.J.)

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