Testimony: Ovitz Negotiations Unusual
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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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Michael Ovitz, Walt Disney Co.&#39;s former president, said Friday he was mistaken in his previous testimony that his annual bonus was tied to Disney chief executive Michael Eisner&#39;s bonus.
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A former director at Walt Disney testified that the president, Michael Ovitz, was fired because his management style differed sharply from the chief executive's.
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GEORGETOWN, Del.  - 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 $200 million.
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Former Walt Disney Co. President Michael Ovitz&#39;s $140 million severance was &#39;&#39;unreasonable&#39;&#39; because it exceeded what executives at other companies received, a compensation expert testified Monday in a trial
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The President's claim that even former staffers won't testify gives him another bargaining chip with Congress
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Michael Ovitz hopes getting his day in court fixes his battered career and tarnished image. Ovitz testified for the fifth day in the trial that has Disney shareholders shooting
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It was unclear how detailed the talks between Israeli Prime Minister Ehud Olmert and Palestinian President Mahmoud Abbas were.
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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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In his fifth day of testimony, former Disney president Michael Ovitz said protecting himself financially from a job loss during his contract negotiation was important, The Associated Press reports.
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GEORGETOWN, Del. - The terms on the options Walt Disney Co. gave its former president Michael Ovitz when he was hired were less generous than the terms for many other industry executives, a former compensation consultant testified Wednesday.
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CQ&quot;&gt; Walt Disney Company shareholders might have done a double take when their chief executive, Michael D. Eisner, testified in court last week about the brief tenure of his friend, Michael S. Ovitz, as company president.
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GEORGETOWN, Del.  - Michael Ovitz, once a top  Hollywood dealmaker, is set to testify Tuesday to face charges  by angry Walt Disney Co. shareholders that he cheated them when  he left the company with a $140 million severance package.
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Walt Disney Co. Chief Executive Michael Eisner testified Tuesday that he discussed individually with directors bringing on Michael Ovitz as the entertainment giant&#39;s president and reviewed the details of his
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Michael Ovitz wanted a $50 million signing bonus to become president of the Walt Disney Co., but the directors who eventually hired him were not willing
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Walt Disney Co. Chief Executive Michael Eisner testified Wednesday that he relied on advice from the company's top lawyer in determining that former Disney President Michael Ovitz couldn't be fired for cause.
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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 &#36;140 million lawsuit.