Disney CEO testifies in Georgetown
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Michael D. Eisner is probably the only man in the world who can get away with wearing a Mickey Mouse tie while testifying in a high-stakes corporate trial in Delaware&#39;s dignified Court of Chancery in Georgetown.
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Walt Disney Co. could have fired Michael Ovitz as president without paying him $140 million in severance, a law professor testified Thursday in the trial of an investor lawsuit seeking return of the money.
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A former Walt Disney Co. director testified that CEO Michael Eisner hoped that Sony Corp. would take Michael Ovitz off his hands and save Disney a &quot;bundle&quot; in severance pay.
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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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The lawsuit shareholders have brought against Disney has come to resemble a Hollywood potboiler of betrayed friendships, secret meetings and wounded egos. During five days of testimony, Disney chief executive Michael Eisner delivered a forceful and often bittersweet account of the 14-month tenure of agent-to-the-stars Michael Ovitz as Disney's president.
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A former director of the Walt Disney Company, Richard A. Nunis, testified Monday that he deferred to the decision of Michael D. Eisner, the chief
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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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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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GEORGETOWN, Del.  - A lawyer for shareholders  suing Walt Disney Co.'s directors on Wednesday sparred with  Chief Executive Michael Eisner over everything from his work  history to his recollection of an important board meeting,  kicking off what could be days of heated questioning.
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Veteran CEO plans to make a clean break when he steps down in 2006 -- Fortune interview. NEW YORK (CNN/Money) - Michael Eisner expects to make a clean break with Disney when he leaves his CEO post in two years
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Michael Eisner may have quelled speculation about his future, but the board of Walt Disney will have to answer several questions about the company's future.
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Walt Disney Co. Chief Executive Michael Eisner testified Wednesday that he relied on advice from the company&#39;s top lawyer in determining that former Disney President Michael Ovitz couldn&#39;t be fired for cause.
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WILMINGTON, Del. -- A Delaware corporate law judge Wednesday heard a plea from attorneys for former Walt Disney Co. president Michael Ovitz that asks to remove Ovitz from the list of defendants in a shareholder
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Description: In a closely watched trial in Delaware, former Hollywood agent Michael Ovitz took the stand yesterday to defend his tenure as president of the Walt Disney Company in the mid-&#39;90s.
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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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A Delaware court next Monday will begin considering the shareholder lawsuit over the $140 million severance that Walt Disney paid its former president Michael S. Ovitz.
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GEORGETOWN, Del.  - Michael Eisner, the chief  executive of the Walt Disney Co. DIS.N, on Thursday said it  was "stupid" to appear on a national television show in 1996 to  show his support for Michael Ovitz and conceded he was less  than candid with the public during the interview.