WHY TEXACO'S DEFENSE DIDN'T PLAY IN HOUSTON.

The author comments on the court case between oil companies Texaco Inc. and Pennzoil Co. involving Texaco's acquisition of Getty Oil Co. in 1984. Topics discussed include the many errors made by Texaco in its defense, including allowing its chairman John K. McKinley to take the witness stand as a hostile witness. Also discussed is Pennzoil's keen sense of how to play to the jury, resulting in the damage judgment against Texaco.