In its recent Martin Marietta decision, the Delaware Chancery Court enjoined Martin Marietta’s hostile bid for Vulcan on the basis that Martin Marietta’s use of information it obtained from Vulcan in pursuing its hostile bid breached its non-disclosure and joint defense agreements with Vulcan.
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Martin Marietta Materials, Inc v. Vulcan Materials Company: Delaware Chancery Court enjoins hostile bid that used confidential information in breach of confidentiality agreements
- Sullivan & Cromwell LLP
- May 9 2012
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