Judge In Dow Chem, Rohm Trial Calls 2 PM EDT Meeting
09 Marzo 2009 - 12:38PM
Noticias Dow Jones
By Ana Campoy
Of THE WALL STREET JOURNAL
The Delaware judge due to preside over the fate of the stranded
takoever of Rohm & Haas Co. (ROH) and Dow Chemical Co. (DOW)
called both sides for a 2:00 p.m. EDT meeting.
The chemical companies had secured a delay to Monday morning's
scheduled start of the trial, called after Rohm sued Dow for
failing to complete a deal agreed on last July.
With talks between the two sides continuing, Chancellor William
Chandler called a meeting, according to David Bernick, who
represents Dow Chemical.
Executives from both companies, inlcuding Rohm Chief Executive
Raj Gupta, returned to the courtroom ahead of the meeting.