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USA - July 20 2012
In its recent decision in Martin Marietta Materials, Inc. v. Vulcan Materials Co., Civ. No. 7102 (CS), 2012 WL 1605146 (Del. Ch. May 4, 2012), aff’d mem., 2012 WL 1965340 (Del. May 31, 2012), aff’d, 2012 WL 2783101 (Del. Jul. 10, 2012), the Delaware Court of Chancery enjoined Martin Marietta from pursuing a hostile takeover bid for Vulcan based on the court’s reading of two non-disclosure agreements (“NDAs”).
