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4 Apr 2018, 12:00 am by Donovan Gibbons
Feb. 08, 2018), the Supreme Court of New York denied City Trading Fund’s (“Shareholder”) motion, on behalf of themselves and other similarly situated stockholders, for final approval of their settlement with Martin Marietta Materials, Inc. [read post]
18 Feb 2018, 4:45 pm by Kevin LaCroix
  Background In May 2014, a Martin Marietta shareholder filed an action seeking to block the company’s planned acquisition of Texas Industries. [read post]
16 Aug 2012, 8:00 pm
  And speaking of mergers and non-disclosure agreements, the Delaware Supreme Court has issued its formal opinion affirming the Chancery Court's injunction against Martin Marietta for breaching its NDA and using confidential information in its hostile bid for Vulcan Materials. [read post]
14 Aug 2012, 6:17 am by David Fox, Kirkland & Ellis LLP,
Much attention deservedly has been focused on the recent Delaware Chancery and Supreme Court decisions in the high-profile Vulcan/Martin Marietta case where the courts found that a “use restriction” in a confidentiality agreement (i.e., a provision that limits the recipient’s “use” of the disclosing party’s confidential information to a specified purpose) could in certain circumstances preclude the recipient from later commencing a hostile offer… [read post]
14 Aug 2012, 6:17 am by David Fox, Kirkland & Ellis LLP,
Much attention deservedly has been focused on the recent Delaware Chancery and Supreme Court decisions in the high-profile Vulcan/Martin Marietta case where the courts found that a “use restriction” in a confidentiality agreement (i.e., a provision that limits the recipient’s “use” of the disclosing party’s confidential information to a specified purpose) could in certain circumstances preclude the recipient from later commencing a hostile offer… [read post]
17 Jul 2012, 1:05 pm by Francis Pileggi
Notably, neither Martin Marietta nor Vulcan are Delaware corporations, but they agreed that Delaware law would control the NDA. [read post]
8 Jun 2012, 9:27 pm
In 2010, Martin Marietta Materials, Inc. and Vulcan Materials, Inc. [read post]
7 Jun 2012, 8:45 am
Last Friday, the Delaware Supreme Court rejected Martin Marietta's expedited appeal from Judge Leo Striner's 130+ page opinion barrring Martin Marietta from its hostile bid for Vulcan Materials because of its breach of the parties' non-disclosure agreements. [read post]
17 May 2012, 8:30 am
The Delaware Supreme Court has granted Martin Marietta's request for an expedited appeal and ordered oral argument on May 25, with final case briefs due the day before. [read post]
Among the issues discussed were confidentiality provisions and their effect on mergers and acquisitions in light of the decision in Martin Marietta Materials v. [read post]
14 May 2012, 4:43 am
Hence, a recent (and perhaps significant) pronouncement of the Delaware Chancery Court in Martin Marietta Materials Inc. v. [read post]
7 May 2012, 1:50 pm
The Wall Street Journal has reported that Judge Strine ruled that allowing Martin Marietta to benefit from nonpublic materials supplied during friendly talks would set an unfair precedent for corporate deal-making overall. [read post]
20 Mar 2012, 6:41 pm
James Michael Harris sued Lockheed Martin on behalf of the United States, alleging that the Marietta, Georgia company had defrauded the Government. [read post]