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SATELLITE BROADCASTING v. TELEFONICA de ESPANA

Civ. No. 90-1662(PG).

786 F.Supp. 1089 (1992)

SATELLITE BROADCASTING CABLE, INC., et al., Plaintiffs, v. TELEFONICA de ESPAÑA, S.A. and Telefonica International, S.A., Defendants.

United States District Court, D. Puerto Rico.

February 10, 1992.

Attorney(s) appearing for the Case

José A. Axtmayer, Santurce, P.R., for plaintiffs.

Arturo Garcia, San Juan, P.R., for defendants.

OPINION OF THE COURT

PEREZ-GIMENEZ, District Judge.

I. Procedural Posture

This action arises out of a Joint Venture Agreement ("Joint Venture," "Venture," "Agreement") which envisioned the creation of Spanish language television news programming for transmission via cable television for broadcast to audiences across the United States. As more fully set out below, the parties to the ill-fated Venture had, to put it mildly, a parting of ways and...

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