Update 1: Witness: Eisner Had Authority to Fire Ovitz
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A Walt Disney Co. director testified Tuesday that he believed Disney chief executive Michael Eisner had the authority to fire Michael Ovitz as the entertainment giant&#39;s president.
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Michael Eisner lashed out at the &quot;clichÃ©d&quot; portrayal of the &quot;real&quot; Hollywood in his fifth and final day testifying in a shareholder suit over former company president Michael Ovitz&#39;s lucrative payout.
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GEORGETOWN, Del.  - Michael Ovitz, the former  president at Walt Disney Co., testified on Wednesday that he  fought and begged to stay in his job until his good friend and  boss Michael Eisner pushed him out.
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Walt Disney Co. chief executive Michael D. Eisner had been on the witness stand for about half an hour on Monday when the subject of former Disney president Michael S. Ovitz finally came up.
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Walt Disney chief executive Michael Eisner yesterday told a Delaware courtroom how he had appeared on television praising his former second-in-command Michael Ovitz even as he was plotting his departure from the company.
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Description: Disney CEO Michael Eisner testifies in a Delaware courtroom about his former friend and No. 2 man, Michael Ovitz. Disney faces a shareholder suit over the severance package Ovitz received when he left the company in 1996.
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A witness testified in a Delaware courtroom Tuesday that the compensation package given to former Walt Disney Co. President Michael Ovitz was unreasonable, Reuters reports.
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GEORGETOWN, Del.  - Former Walt Disney Co.  President Michael Ovitz conceded he knew little about running a  public company and called his short tenure fraught with  "difficult days" as he testified in a shareholder lawsuit over  his $140 million severance pay.
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LOS ANGELES  - It was unusual but not  unprecedented for the head of the Walt Disney Co. compensation  committee to be negotiating an employment contract that his  group would eventually approve, former committee chair Irwin  Russell testified at the trial surrounding Michael Ovitz's  contract and severance.
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Disney CEO Michael Eisner vividly described his side of the painful 1996 breakup with former Disney president Michael Ovitz in testimony at a shareholder lawsuit here Tuesday.
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Michael Ovitz, the former Hollywood powerbroker, yesterday said the first cracks appeared in his stormy relationship with Walt Disney chief and former boss Michael Eisner even before his appointment as president of the company was announced in 1995.
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GEORGETOWN, Delaware, Nov 14  - Walt Disney chief executive Michael Eisner may begin testifying as early as Tuesday in defense of his 1995 decision to hire his once best friend as president of the entertainment giant, and then to fire him 15 months
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The compensation package granted to former Walt Disney Co. president Michael Ovitz was &quot;unreasonable&quot; and not in the interest of the entertainment giant&#39;s shareholders, a compensation expert testified Monday in a shareholder lawsuit.
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Oscar-winning actor Sidney Poitier, who starred in &quot;To Sir, With Love,&quot; took the stand yesterday to testify about another Hollywood drama: Michael Ovitz&#39;s brief and
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Controversial Disney Co. chief executive Michael Eisner has been tough and unflappable defending himself this week against shareholder charges that he wasted 140 million dollars by taking on Michael Ovitz as president in 1995.
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Michael S. Ovitz, the disgraced former president of Walt Disney, last week told his side of the story about his controversial tenure at the company in the mid-1990's.
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The chairman of Madison Square Garden testified Tuesday that he fired a top executive after learning she tried to get subordinates to help build a sexual harassment case against New York Knicks coach Isiah Thomas.