Resources Investment Corp. v. Enron Corp.

669 F.Supp. 1038 (1986)

Study Aids
Case Briefs Overview
Casebooks
Case Briefs
R
From our private database of 46,300+ case briefs, written and edited by humans—never with AI.

Resources Investment Corp. v. Enron Corp.

0United States District Court for the District of Colorado
669 F.Supp. 1038 (1986)

Facts

Enron Corporation (Enron) (defendant) agreed in various contracts to buy a certain amount of gas each year from Resources Investment Corporation (Resources) (plaintiff) over a period of 18 years. The contracts provided that Enron would pay for the entire specified amount of gas each year, regardless of whether Enron accepted delivery of the whole quantity. If Enron did not accept the entire amount of gas in a year, the unused amount would be rolled over and available to Enron in the following years. Enron eventually breached the contracts. Resources brought suit against Enron, seeking damages and a declaration that Enron must continue to perform all obligations related to the gas-purchase agreements. Enron asserted various counterclaims and affirmative defenses, arguing that its breach was excused by numerous conditions occurring subsequent to the execution of the contracts. Specifically, Enron contended that foreign competition, unusually warm winter weather, economic recession, unforeseeable changes in the gas market, and passage of related federal and state regulations had frustrated the purposes of the contracts and made Enron’s performance impossible or commercially impracticable. Resources moved to dismiss all of Enron’s counterclaims and most of Enron’s affirmative defenses.

Rule of Law

Issue

Holding and Reasoning (Kane, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 812,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 812,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 812,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,300 briefs - keyed to 988 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership

Casebooks

Commercial Law

Key Terms