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Disney / Michael Ovitz Severance
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LATimes: Ruling on Ovitz's Severance is Upheld

The Los Angeles Times reports Delaware's high court finds that Disney's board did not betray its duty to investors.
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Posted: Fri 6/9/2006 3:18p •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

CBSMW: Delaware Supreme Court affirms decision on Disney Ovitz case

CBS MarketWatch reports the Delaware Supreme Court Thursday upheld a ruling exonerating the Disney Company's board of wrongdoing in connection with a $140 million severance package paid Michael Ovitz.

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Posted: Thu 6/8/2006 4:03p •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

LATimes: Disney Shareholders Appeal Ovitz Ruling

Shareholders continue their pursuit to hold the Disney Company board responsible for the approving the Ovitz's severance package.
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Posted: Thu 10/27/2005 6:28a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

Reuters: Judge in Disney case warns on soaring exec pay

The presiding judge in the suit regarding Ovitz payoff recommended corporate directors take control of soaring executive pay.

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Posted: Tue 10/25/2005 6:59p •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

Reuters: Disney Governance Case Not Over Yet

Reuters reports the appeal is ready to proceed in the lawsuit filed by shareholders against the Disney Board of Directors over the Ovitz severance.

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Posted: Fri 10/7/2005 3:10p •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

LATimes: Shareholders Appeal Ruling on Disney

The Los Angeles Times reports the ruling that the Disney board did not breach its fiscal duties in its hiring and subsequent firing of Michael Ovitz has been appealed by attorneys representing the shareholders who brought the suit.
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Posted: Fri 9/9/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

DFWTelegram: Eisner's kingdom

The Dallas Star Telegram offers portions of Judge Chandler's remarks relating to his ruling in the lawsuit regarding Ovitiz' severance.
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Posted: Mon 8/22/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

NYTimes: Regulating Fantasyland

The New York Times discusses the business practices that were impacted by the Ovitz ruling.
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Posted: Fri 8/12/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

NYTimes: Big Pay Packages May Fade After Ruling on Ex-President of Disney

The New York Times discusses the probable impact of the ruling over the Ovitz severance package.
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Posted: Wed 8/10/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

OrlSen: Ovitz ruling shortchanges shareholders

Columnist Susan Strother Clarke discusses the ruling in the lawsuit over the severance package given to Michael Ovitz.

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Posted: Wed 8/10/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

NYTimes: Disney Ruling is Expected

The New York Times reports a decision is expected in the lawsuit brought against the board of the Disney Company by shareholders over the Ovitz severance package.
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Posted: Tue 8/9/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

Forbes: Eisner-Ovitz Case Ends in a Win for Disney

The judge ruled Disney's Board of Directors did not owe shareholders damages as a result of the $140 million severance package offered Ovitz.

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Posted: Tue 8/9/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

NYPost: Disney Shareholders Claim Eisner Cowed Disney's Board

The New York Post discusses the latest filing in the ongoing case regarding Disney's hiring and firing of Michael Ovitz.

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Posted: Tue 3/8/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

OrlSen: DisneyWar Whets Appetite for a Battle

According to the Orlando Sentinel the Disney Company has reportedly acquired a copy of a yet to be released Simon & Schuster title, "DisneyWar: The Battle for the Magic Kingdom" and Disney has already put the publisher "on notice" that they would take legal action in response to any inaccuracies within the title.
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Posted: Fri 1/28/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Magic Kingdom Headlines Walt Disney World Disney Corporate

DowJones: Evidence Phase of Disney Trial Ends

The evidence portion of the trial over Disney's 1996 firing of Michael Ovitz has concluded.

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Posted: Thu 1/20/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

OrSen: Ovitz, Eisner can win and still lose

The Disney shareholder suit regarding the firing of Michael Ovitz will now go to the judge, but the Orlando Sentinel points out that despite the verdict the images of Michael Eisner and Michael Ovitz have been stained.
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Posted: Thu 1/20/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

LP: CNBC To Air Rebellion in the Magic Kingdom

CNBC on Assignment will focus on the shareholders suit against Disney's board of directors over Michael Ovitz' severance package. The program will air January 24th.

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Posted: Tue 1/18/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Magic Kingdom Headlines Walt Disney World Disney Corporate

AP: Disney Shareholders Seek Ovitz Documents

Brief overview of the ongoing trial seeking documents relating to Michael Ovitz's severance package.

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Posted: Fri 1/14/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

LATimes: Ovitz Payout Couldn't Be Withheld

The Los Angeles Times reports the testimony of former Labor Department lawyer, John C Fox. He described the situation as a "simple failed-performance-expectation case" and that Ovitz would've had to have committed criminal acts to meet California's standards for termination without severance.
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Posted: Fri 1/14/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

AP: Expert: Disney Avoided Ugly Ovitz Suit

The Associated Press reports California trial lawyer Larry Feldman's testimony that the Disney Company avoided a "very serious ugly lawsuit" by terminating Ovitz's contract on a no-fault basis.

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Posted: Tue 1/11/2005 12:00a •
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Tags: Ovitz Severance Corporate Battles Headlines Disney Corporate

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