WEST TEXAS TRANSMISSION, L.P. v. ENRON CORP.

No. 89-5512.

907 F.2d 1554 (1990)

WEST TEXAS TRANSMISSION, L.P., Plaintiff-Appellant, v. ENRON CORPORATION, et al., Defendant-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing and Rehearing Denied September 17, 1990.


Attorney(s) appearing for the Case

Rufus Wallingford, Layne E. Kruse, Houston, Tex., Richard J. Zook, Dan Matthews, San Antonio, Tex., for plaintiff-appellant.

Richard P. Keeton, Mayor, Day & Caldwell, Houston, Tex., for TECO and NTIPC.

David T. Harvin and Karl S. Stern, Vinson & Elkins, Houston, Tex., for Enron Corp.

Wistanley F. Luke, U.S. Atty., San Antonio, Tex., David C. Shonka, Jerold D. Cummins, FTC, Washington, D.C., for F.T.C.

Before CLARK, Chief Judge, THORNBERRY and JONES, Circuit Judges.


Rehearing and Rehearing En Banc Denied September 17, 1990.

EDITH H. JONES, Circuit Judge:

West Texas Transmission, L.P. ("Valero") appeals from the district court's order denying specific performance of Valero's right of first refusal to repurchase from Enron Corporation and Northern Texas Intrastate Pipeline Company ("Enron") a one-half interest in the TransTexas Natural Gas Pipeline. After a bench trial, the district court found that, as a prerequisite to...

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