News, facts, musings and opinions, and current legal events in Delaware.
Monday, March 31, 2003
ExxonMobil Corp. v. Saudi Basic Industries Corp. (Sabic)
A dispute over licensing fees resulted in a verdict in a Delaware Superior Court case between the world's largest publically traded oil company and the biggest oil producer in the Middle East. The $416.8M verdict is one of the largest in the US this year.