In this episode of In Re, we dive deep into one of the most dramatic and costly legal showdowns in American corporate history — Pennzoil v. Texaco.

We explore:

• The high-stakes players: How oil giants Pennzoil and Texaco collided in a bitter fight over a third company — Getty Oil.
• The courtroom drama: We break down the trial that led to the largest civil verdict in U.S. history at the time, $10.53 billion.
• The aftermath: What happens when a company owes billions? We track the fallout, from appeals to Texaco’s stunning bankruptcy filing, and the eventual settlement.

This case wasn’t just about contracts — it was about corporate ambition, courtroom theatrics, and a legal precedent that reshaped deal-making in America.