Enmex Fires Back At Tesoro With $2B Breach Claim

Law360, New York (March 3, 2009, 12:00 AM EST) -- Fuel distributor Enmex Corp. has hit back at Tesoro Refining and Marketing Co. with a $2 billion breach of contract and defamation cross-complaint in a dispute over fuel transport contracts.

The cross-complaint, filed Friday in the Superior Court of California in Los Angeles County, accuses the refiner of breach of contract, tortious interference and defamation in connection with millions of dollars in outstanding fuel payments Tesoro sought to recover late last year and early this year.

According to the cross-complaint, San Antonio-based Tesoro breached its payment...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.