'95 hiring decision may hurt Eisner
Article Abstract:
Michael D. Eisner, CEO of Walt Disney Co. hired his old friend Michael Ovitz in 1995 as president, but in 2005 a court case involving Ovitz's brief tenure is stimulating a campaign to remove Eisner and other members of the Walt Disney Co. board. A judge in the Delaware Court of Chancery unsealed some documents in a Disney shareholder case against Eisner, Ovitz and the other Disney board members at the time of the hiring and $40 million termination of Ovitz.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Lockheed Martin Missiles and Fire Control Div
Article Abstract:
A legal battle against Barnes Foundation's art collection over issues like the ethics of selling artwork, the value of the Barnes' real estate and the soundness of Barnes' proposal to move from Merion to Center City in Philadelphia is discussed. The three Barnes art students have taken this legal help to express their opposition to the Barnes' proposal and are looking for funds to support their view.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Barnes sale could fund endowment
Article Abstract:
Montgomery County Orphans' Court Judge suggested that Barnes gallery could save itself from financial ruins if it sells some of its real estate and artwork pieces that are not on display in its Lower Merion gallery. Barnes could raise at least $50 million towards its endowment and perhaps eliminate the need to move to Center City.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Clothing chain gets a lifeline. Pottstown bank reduces role in online venture
- Abstracts: MBNA's lending fell in 1st quarter. Bank founder settle lawsuit. Former U.S. Bancorp official to lead First USA
- Abstracts: Tilting at smart growth. Resources: financing
- Abstracts: One Oliver may have a buyer. Sale of One Oliver Plaza tower going ahead. Dallas firm buying Coraopolis office park
- Abstracts: Money to repay investors hurt by fraud barely touched. Disney fracas encourages calls for change. Strong will pay huge fine for traders