Lord Black reaped profit, controversy from small papers; media mogul played a role on both sides of deals, investigators maintain; a $1 sale draws scrutiny

Article Abstract:

Internal investigators of Hollinger International Inc are reviewing purchase and noncompete agreements between Hollinger owner Conrad Black and Horizon Publications Inc in 1999. Horizon's $1 bid for a profitable newspaper in Mamoth Lakes, CA won over a $1.25 million bid from a California publisher. At the time, Horizon was a closely held company controlled by Hollinger's COO, David Radler.

Financial management, Public affairs, Ethics, Finance, Ethical aspects, Non-competition agreements, Noncompete agreements, Company financing

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Lord Black's board: A-list cast played acquiescent role: Hollinger's directors blessed fees now under scrutiny; some say they feel misled; Kissinger tries negotiating

Article Abstract:

Hollinger International Inc.'s board of directors played a passive role in the in Conrad Black's improper transactions. The board functioned more as a social club and was filled with Black's friends and associates.

Management dynamics, Legal/Government Regulation, Management, Cases, Company business management, Boards of directors

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Hollinger report says Black hid Fees in Barbados

Article Abstract:

According to a special Hollinger committee, Conrad Black and associates avoided paying taxes on inflated management fees, through the use of shell companies in Barbados.

Canada, Tax evasion

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