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16 Jul 2007, 9:20 am
Ovitz. [read post]
2 May 2007, 8:12 pm
This is even before considering the exit of Jeffrey Katzenberg, the failure to honor his contract, and the hiring and firing of Michael Ovitz, personnel and judgment errors which, in the cost to Disney and the vitriol and publicity they generated, are without parallel in American business history. [read post]
2 May 2007, 5:15 am
This was the case, for example, with the lucrative contract received by Michael Ovitz. [read post]
27 Apr 2007, 6:05 am
A good recent example was the Disney case where, despite all the sturm und drang over the employment contract given to Michael Ovitz (the one that reportedly resulted in the payment of $140 million for slightly more than a year of work), the terms were never examined for fairness. [read post]
21 Mar 2007, 10:24 pm
In fact I feel certain that very few people in the park that day gave a passing thought to Michael Ovitz and a case called In re Walt Disney. [read post]
15 Mar 2007, 5:30 am
Earlier, we wrote about the Disney case and how the Chancery and Supreme Court summarily dismissed a challenge to the disinterested status of Michael Eisner that arose from his close, 25 year friendship with Michael Ovitz. [read post]
14 Mar 2007, 5:15 am
In fact, as Ovitz stated in conjunction with the announcement of his departure from the Company, ‘Michael Eisner has been my good friend for 25 years and that will not change . . . [read post]
14 Mar 2007, 5:00 am
., 906 A.2d 27 (Del. 2006), the Delaware Supreme Court wrote what was probably the final chapter in the long running dispute over the $130 million paid to Michael Ovitz upon his departure from Disney. [read post]
31 Oct 2006, 6:21 am
Earlier this year, the Delaware Supreme Court held that Walt Disney directors were not liable in the shareholder lawsuit over the severance package for former executive Michael Ovitz, despite "sloppy practices" by the board. [read post]
9 Jun 2006, 4:58 am
[corporate website] directors and two former executives not liable for the approval of a $130 million severance package [JURIST report] for former Disney president Michael Ovitz [Wikipedia backgrounder], after serving only 14 months as president. [read post]
27 Oct 2005, 8:09 am
[JURIST] Walt Disney [corporate website] shareholders have appealed a ruling by a Delaware court that the company's directors were not liable [JURIST report] for approving a $130 million severance package for former President Michael Ovitz [Wikipedia backgrounder]. [read post]
25 Oct 2005, 3:28 pm
Judge William Chandler [state court profile], who ruled [JURIST report] in August that Disney's directors acted properly in paying $140 million to former president Michael Ovitz [Wikipedia [read post]
10 Aug 2005, 2:31 am
[JURIST] The Delaware Court of Chancery ruled in favor of Disney executives [decision excerpts via LA Times] Tuesday in a shareholder suit [LA Times report] that alleged that the Disney board violated their duties by ratifying a 1996 decision to fire former company president Michael Ovitz with severance. [read post]
17 Nov 2004, 2:46 pm
[JURIST] Cross examination of Disney CEO Michael Eisner began Wednesday in a shareholder suit against Walt Disney Co. over whether the executive board neglected its duty to shareholders in allowing former president Michael Ovitz to leave with a $140 million severance package after only 14 months of work. [read post]
