DESERT PARTNERS, L.P. v. USG CORP.

Nos. 87C9399, 87C9455 and 88C1813.

686 F.Supp. 1289 (1988)

DESERT PARTNERS, L.P., a Texas limited partnership, Desert Acquisition, Inc., a Texas corporation, and Morris M. Cottle, individually, as class representative, and derivatively, Plaintiffs, v. USG CORPORATION, a Delaware corporation, and Archie R. Boe, Worley H. Clark, James C. Cotting, James W. Cozad, Robert J. Day, David W. Fox, Philip C. Jackson, Jr., Ralph C. Joynes, Eugene Miller, Graham J. Morgan, Jack David Sparks, Thomas M. Thompson, Alan G. Turner, William L. Weiss and William J. White, Defendants.

United States District Court, N.D. Illinois, E.D.

April 28, 1988.


Attorney(s) appearing for the Case

Frederic F. Brace, Jr., Ellen A. Rubel, Chicago, Ill., Stephen C. Neal, P.C., Emily Nicklin, Kevin T. Van Wart, Kirkland & Ellis, Chicago, Ill., for Morris M. Cottle.

Don H. Reuben, John R. McCambridge, Isham, Lincoln & Beale, Chicago, Ill., Robert S. Rifkind, Douglas D. Broadwater, Cravath, Swaine & Moore, New York City, for defendants pro hac vice.


MEMORANDUM OPINION AND ORDER

HOLDERMAN, District Judge:

Plaintiffs Desert Partners, L.P., Desert Partners Acquisition, Inc. (collectively "Desert Partners"), and Morris M. Cottle1 bring this motion for preliminary injunction against defendant USG Corporation ("USG") and its Board of Directors.2 Desert Partners requests the court to enjoin USG from implementing its poison pill. For the following reasons...

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