Ovitz Queried on Expenses in Lawsuit Against Disney
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Michael S. Ovitz found himself on the defensive late Wednesday about his continuing relationship with the talent agency he had left for Disney.
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A lawyer for Michael S. Ovitz, the former president of the Walt Disney Company, argued Wednesday that his client should be excused as a defendant in a lawsuit
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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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Description: A shareholders&#39; lawsuit against Walt Disney Co. board members begins Wednesday. The suit concerns the expensive hiring and firing of former Disney President Michael Ovitz.
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Walt Disney chief executive Michael Eisner told a court yesterday that the troubles of his former colleague Michael Ovitz were rooted in a sense of elitism, pointing
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The Walt Disney Company's multimillion-dollar contract with Michael S. Ovitz was unreasonable and one of the most generous ever, a compensation expert testified.
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The former director of the Walt Disney Company who helped negotiate the contract of Michael S. Ovitz, its former president, said the uproar after Mr.
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GEORGETOWN - Walt Disney company officials will appear in the Court of Chancery in Georgetown starting Wednesday. Shareholders are suing Disney and former president Michael Ovitz.
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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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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 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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GEORGETOWN, Del., Nov. 17 -- Lawyers for plaintiffs in a shareholder suit over Michael S. Ovitz's $140 million severance package from the Walt Disney Co. suggested on Wednesday that Disney chief executive Michael D. Eisner may have viewed his former protege as threatening.
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In testimony on Friday, Michael S. Ovitz, the former president of the Walt Disney Company, described an aborted attempt to join the Sony Corporation and was questioned
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The trial of a lawsuit by Walt Disney Co. shareholders who accuse the board of directors of rubberstamping a deal to hire Michael Ovitz
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GEORGETOWN, Del.  - Walt Disney Co.'s board of  directors went on trial on Wednesday, accused by shareholders  of rubberstamping a decision to hire Michael Ovitz and allowing  him to walk away months later with a $140 million severance  package.
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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, who had a brief but extremely lucrative career as president of Walt Disney Co. in the mid 1990s, might emerge as the latest embodiment of corporate spending run amok.