Disney pay-off case sets a precedent for US firms
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THERE was room for only 50 people in the tiny Georgetown, Delaware, courtroom last week to hear Walt Disneyâs former president describe bitterly how his 14-month tenure ended.
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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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Remember John Edwardsâ âTwo Americasâ campaign theme? It occurred to me how well that theme fits the corporate world. For proof, look no further than the stockholder lawsuit against Walt Disney Co.
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The Walt Disney Company today opted to settle American regulatorsâ charges that the company failed to disclose a variety of business relationships between the company and some members of its board.
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Plaintiffs say they expect to appeal to the U.S. Supreme Court a case that exonerated the I.B.M. CorporationÂs cash-balance pension plan.
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LOS ANGELES - The lawsuit shareholders have brought against Disney has come to resemble a Hollywood potboiler of betrayed friendships, secret meetings and wounded egos.
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Walt Disney Co. , the second-largest US media company, is facing a new legal front in its battle over the right to the Winnie the Pooh characters.
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A US court's ruling ordering Microsoft to pay out $1.5bn for infringing MP3 patents could have widespread effects on the technology sector.
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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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Entertainment giant Walt Disney settled a case on Monday with securities regulators who alleged the firm failed to disclose its hiring of relatives of board members.
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GEORGETOWN, Del.  - Walt Disney Co. should have  fired Michael Ovitz rather than paying him $140 million in  severance, a legal expert testified on Thursday in support of  shareholders suing the Disney board.
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More layoffs at Disney? It's not as bad as you think.
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The company has earned its nosebleed valuation.
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Setting ground rules for competition is one thing, but seeking to determine outcomes is another. In European antitrust, there is more a doctrine of âreining inâ powerful companies than in the United States.
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Management is trying to turn things around, but the company's paying for past mistakes.
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Microsoft, backed by the US government and heavyweight corporations, took its patent battle with telecommunications giant AT and T to the Supreme Court Wednesday, in a case that has wide implications for US firms doing business abroad.
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The board of directors at The Walt Disney Co. (nyse: DIS - news - people ) went to a less-than-magic kingdom on Wednesday, as a shareholder suit began.