Disney Had Good Reason to Fire Ovitz, Witness Says
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GEORGETOWN, Del.  - Walt Disney Co. should have  fired Michael Ovitz because of his "substantial and repeated  dishonesty," a legal expert testified on Thursday in support of  shareholders suing the Disney board over Ovitz's receipt of a  $140 million severance package.
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Walt Disney Co.'s multimillion-dollar contract with Michael Ovitz was unreasonable and one of the most generous ever, a compensation expert testified on Monday for shareholders suing the board to recoup as much as &#36;200 million.
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Former Walt Disney Co. President Michael Ovitz affirmed that his efforts to improve the company were sabotaged by managers, including Chief Executive Michael Eisner.
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GEORGETOWN, Del. - Michael Ovitz, Walt Disney Co.&#39;s former president, defended his record Tuesday as the entertainment giant&#39;s second in command, saying he was undercut a number of times by Chief Executive
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Former Walt Disney Co. President Michael Ovitz defended his tenure in the job, testifying that efforts to improve and expand the No.
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Walt Disney Co.&#39;s multimillion-dollar contract with Michael Ovitz was unreasonably generous and one of the most lucrative ever, a compensation expert testified
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Walt Disney CEO Michael Eisner said he knew hiring his old friend Michael Ovitz as company president was a mistake but saw no basis to dump him and deny his severance, a former director testified.
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GEORGETOWN, Del.  - Walt Disney Co.'s board of  directors went on trial on Wednesday, on shareholder  accusations that it merely rubberstamped a decision to hire  Michael Ovitz and allowed him to walk away months later with a  $140 million severance package.
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Walt Disney Co.'s multimillion-dollar contract with Michael Ovitz was unreasonably generous and one of the most lucrative ever, a compensation expert testified on Monday for shareholders suing the board to recover as much as &#36;200 million.
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Walt Disney Co.&#39;s former top legal adviser testified Tuesday that Michael Ovitz was a &quot;total failure&quot; as Disney&#39;s president in part because he didn&#39;t fit into the Disney way of doing business and because he failed to ease the burden on chief executive
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GEORGETOWN: Walt Disney&#39;s board of directors went on trial, accused by shareholders of rubberstamping a decision to hire Michael Ovitz and allowing him to walk away months later with a $140m severance package.
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Former Walt Disney Co. President Michael Ovitz testified on Tuesday that other company executives resented him from the start, admitted he knew little about running
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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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GEORGETOWN, Del.  - Michael Ovitz staunchly  defended his efforts as president of the Walt Disney Co. on  Thursday in between biting exchanges with the attorney  representing shareholders in a $140 million lawsuit.
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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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GEORGETOWN, United States : A law suit against the Walt Disney Co. over 140 million dollars paid to former president Michael Ovitz started, seven years after shareholders brought the action.
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Walt Disney Co. should have fired Michael Ovitz rather than paying him &#36;140 million in severance, a legal expert testified on Thursday in support of shareholders suing the Disney board.