Black scores huge legal victory: Chicago judge tosses out $1.25-billion alleging media baron, colleagues engaged in racketeering

Article Abstract:

Chicago judge has dismissed all counts in a Hollinger International suit against Lord Black, his wife and some close advisors, stating that the case did not fit the definition of racketeering. The suit is basically alleging securities fraud and its proper jurisdiction is a state court and it was clarified that it was not ruling on the merits of the allegations that Lord Black and others lined their pockets at Hollinger's expense.

Legal issues & crime, Police Protection, Legal/Government Regulation, Racketeering, Company legal issue, Cases, Black, Lord

---

Black to quit as Hollinger's chief: Resigning as chairman, CEO, director of holding company, says move will pave way for privatization

Article Abstract:

Conrad Black, chairman, CEO and a director of Hollinger Inc. plans to resign in October 2004, which would help pave the way for his bid to privatize the Toronto company. The shareholder are seeking to have three of Hollinger's five independent directors ejected after they failed to alert the court about a transfer of more than $1 million to a private company owned by Conrad Black and his executives.

Canada, Hollinger Inc.

---

Black's gravy train may be derailed

Article Abstract:

The plans of Hollinger to replace Conrad Black, an investor, because of his lavish lifestyle and improper contracts are discussed.

Behavior

Similar abstracts:

• Abstracts: Bank mergers yield no bonanza: study. RBC sets up $2.3-trillion asset merger
• Abstracts: Dundee directors, staff to get $12-million in REIT deal. .....but hottest office market is in Calgary
• Abstracts: Natural history of change in physical function among long-stay nursing home residents
• Abstracts: Resource for the goose. Growing gains: The hottest 50 companies and their chief executives
• Abstracts: Biovail reduces quarterly guidance. QLT plans $104-million stock buyback. Biovail faces possible FDA hitch to pain drug

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.