Legal Opinion

Zimmerman v. Bell

District Court, D. Maryland

Decided March 14, 1984No. Civ. No. Y-82-2658PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM

JOSEPH H. YOUNG, District Judge.

In the wake of the Martin Marietta-Bendix-United Technologies-Allied Corporation takeover, plaintiff stockholders of Martin Marietta filed this derivative action against the directors of the Martin Marietta Corporation alleging that the directors violated their fiduciary duties to the stockholders and to the corporation by acting to block a tender offer for Martin Marietta stock made by the Bendix Corporation,- and by providing themselves and their officers with “golden parachute” contract provisions.

Now before the Court is the motion to intervene of…

2Cases cited7 opinions

  1. Supreme Tribe of Ben-Hur v. CaubleSupreme Court of the United States · 1921
  2. Joseph Foster v. Albert Gueory, Ronald Dorsey, and Rudolph J. Thornton v. Local 2311 of the United Brotherhood of Carpenters and Joiners of AmericaCourt of Appeals for the D.C. Circuit · 1981
  3. Stewart v. DunhamSupreme Court of the United States · 1885
  4. Blanchard v. JohnsonCourt of Appeals for the Sixth Circuit · 1976
  5. Williams v. Humble Oil & Refining CompanyDistrict Court, E.D. Louisiana · 1964

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3Cited by4 opinions

  1. Clifford C. Bottoms v. Dresser Industries, Inc., Kenneth Foster, Applicant for Intervention-AppellantCourt of Appeals for the Tenth Circuit · 1986
  2. Zimmerman v. BellDistrict Court, D. Maryland · 1984
  3. Norair Engineering Corp. v. Washington Metropolitan Area Transit AuthorityDistrict Court, D. Maryland · 1998
  4. Clifford C. Bottoms v. Dresser Industries, Inc., Kenneth Foster, Applicant for Intervention-AppellantCourt of Appeals for the Tenth Circuit · 1986

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