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Enmex Corp.
Enmex Corp. Sues Tesoro for Two Billion Dollars
March 22nd, 2009
Enmex Corp., a world class energy company based in Los Angeles, California, filed a counter suit against Tesoro Corp. (NYSE:TSO) for damages currently believed to be in excess of two billion dollars. The suit was filed in Los Angeles Superior Court on February 27, 2009 (Case BC405371) alleging breach of contract, tortious interference with contractual relations, misrepresentation, defamation and other claims. Not only did Tesoro breach the Security Agreement between the parties, it also breached four fuel transportation agreements. In the cross-complaint Enmex Corp. also alleges that Tesoro Corp. and other currently unnamed cross-defendants...
Source: Pharma Investments, Ventures & Law Weekly (2009-03-22)
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