International Business MacHines Corporation v. Lufkin Industries, LLC

Summary

The Texas Supreme Court held that Lufkin Industries could not recover on its fraudulent‑inducement or string‑along‑fraud claims because the Statement of Work contained clear, unequivocal disclaimer clauses that barred reliance on IBM's misrepresentations. The Court also found that the evidence conclusively showed IBM breached the contract and caused some damages, so it remanded for a new trial on the breach‑of‑contract claim.