Searching over 5,500,000 cases.


searching
Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.

Marel v. LKS Acquisitions

November 30, 2006

PLAYA MAREL, P.M., S.A., ET AL., PLAINTIFFS,
v.
LKS ACQUISITIONS, INC., ET AL., DEFENDANTS.



The opinion of the court was delivered by: Judge Thomas M. Rose

ENTRY

This matter came before the Court on November 30, 2006, at the request of the parties. There were no motions currently pending.

The Court had previously approved an Agreed Order that dissolved an Extended TRO and enjoined the Plaintiffs from closing the transaction contemplated by the Stock Purchase Agreement until after November 29, 2006, Eastern Standard Time. The Court extended the ban on closing at the request of the Defendants so they could contact the parties to the agreement and "make their arguments." Counsel for the Defendants indicated that it would not be in the best interest of the Defendants to prevent the closing.

During the telephone conference conducted on November 30, 2006, the Parties discussed various issues surrounding the provision of the contents of the Stock Purchase Agreement to the Defendants. It has been provided to outside Counsel for the Defendants subject to a "for Outside Attorney's Eyes Only" provision.

When the discovery issues could not be resolved, Outside Counsel for the Defendants orally requested the Court to extend the prohibition on closing the transaction for another week. Counsel for the Plaintiffs opposed this request and it was denied by the Court. The previous ban on closing had already expired and Counsel for the Defendant's argument as to how it could be or why it should be extended was not well-founded.

Signed in Dayton, Ohio, this Thirtieth day of November, 2006.

THOMAS M. ROSE UNITED STATES DISTRICT JUDGE

20061130

© 1992-2006 VersusLaw ...

Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.