This site is a developmental version of Wiki Law School. To go to the production site: www.wikilawschool.org
AND v. Alyeska: Difference between revisions
No edit summary |
No edit summary |
||
Line 14: | Line 14: | ||
In 1976, AND contacted Alyeska to purchase Alyeska's surplus construction supplies. | In 1976, AND contacted Alyeska to purchase Alyeska's surplus construction supplies. | ||
On December | On December 10th 1976, AND sent a letter of intent to Alyeska to purchase its entire [https://www.caterpillar.com/ Caterpillar parts]. This letter omitted a purchase price. | ||
Alyeska replied with its own letter of intent without specifying a price. | Alyeska replied with its own letter of intent on December 11th 1976 without specifying a price. | ||
In phone conversations, the 2 parties agreed to reimburse Alyeska for 65% of its price. | In phone conversations, the 2 parties agreed to reimburse Alyeska for 65% of its price. | ||
Line 22: | Line 22: | ||
In March 1977, the owners committee of Alyeska rejected the proposed transaction of Caterpillar surplus parts. | In March 1977, the owners committee of Alyeska rejected the proposed transaction of Caterpillar surplus parts. | ||
|procedural_history=AND sued Alyeska for breach of contract. | |procedural_history=AND sued Alyeska for breach of contract. | ||
|arguments=AND argued that Alyeska's letter of intent on December 11th 1976 was an [[Contracts/Acceptance|acceptance]] & the owners of Alyeska would review the contract--not that the owners of Alyeska would approve or reject the deal. | |||
|case_text_links={{Infobox Case Brief/Case Text Link | |case_text_links={{Infobox Case Brief/Case Text Link | ||
|link=https://law.justia.com/cases/alaska/supreme-court/1983/6353-1.html | |link=https://law.justia.com/cases/alaska/supreme-court/1983/6353-1.html |
Revision as of 16:28, July 17, 2023
AND v. Alyeska | |
Court | Alaska Supreme Court |
---|---|
Citation | |
Date decided | June 10, 1983 |
Facts
Alyeska Pipeline Service Co. ("Alyeska") was a joint venture owned by several oil companies.
Alyeska would transport oil from the northern to the southern parts of Alaska. It purchase a lot of construction supplies.
Alyeska asked AND for a letter of proposal for the surplus contruction supplies.
Alaska Northern Development, Inc. ("AND") (plaintiff) was a contracting company.
In 1976, AND contacted Alyeska to purchase Alyeska's surplus construction supplies.
On December 10th 1976, AND sent a letter of intent to Alyeska to purchase its entire Caterpillar parts. This letter omitted a purchase price.
Alyeska replied with its own letter of intent on December 11th 1976 without specifying a price.
In phone conversations, the 2 parties agreed to reimburse Alyeska for 65% of its price.
In March 1977, the owners committee of Alyeska rejected the proposed transaction of Caterpillar surplus parts.