July 20, 1985 |
Great Western Financial Corp.'s planned $109-million acquisition of Citadel Holding Corp. has been put on hold by an investment banking firm's refusal to issue an unqualified opinion supporting the deal, Citadel officials said Friday. "It's not canceled, but it's at a standstill until something happens. Something's got to give," said Spencer Scott, chairman of Citadel, parent of Glendale-based Fidelity Federal Savings & Loan Assn.
October 15, 1987 |
Labor unions at troubled Pan American World Airways are leaning toward Beverly Hills millionaire Kirk Kerkorian as the savior of the airline, a top union official said Wednesday. "We said to ourselves, 'We have a better chance of having our jobs in five years with Kerkorian's plan than we would by staying with the current management,' " said the official, who asked that he not be identified by name. "I don't think that people realize what terrible financial shape Pan Am is in."
CALIFORNIA | LOCAL
December 22, 2007 |
In a setback for the defense, a federal judge Friday rejected a string of allegations by indicted private eye Anthony Pellicano and his co-defendants that the government's wiretapping and racketeering investigation was replete with misconduct. Issuing six separate rulings, U.S. District Judge Dale S. Fischer denied defense motions to suppress evidence in the long-running case, as well as a request to throw out the sweeping indictment against Pellicano and five co-defendants.
November 28, 2000 |
DaimlerChrysler's troubles over its U.S. subsidiary deepened Monday as Kirk Kerkorian, the company's third-largest shareholder, filed a $9-billion securities fraud suit against the German auto maker and its top managers, accusing them of lying about their intent in acquiring Chrysler Corp. in 1998. The suit by Kerkorian's Los Angeles-based Tracinda Corp., filed Monday in U.S.
CALIFORNIA | LOCAL
July 18, 2008 |
A high-profile attorney to Hollywood's rich and famous was so determined to crush his opponents in a bitter child-support battle he was fighting on behalf of his billionaire client that he resorted to an illegal wiretap conducted by private eye Anthony Pellicano, a prosecutor told jurors Thursday.
CALIFORNIA | LOCAL
September 23, 2008 |
A U.S. district judge in Los Angeles on Monday rejected a request for a new trial by an attorney for Hollywood private eye Anthony Pellicano, who alleged jurors may have been influenced by a prosecutor's comment outside trial and by an Internet blog.
October 24, 1992 |
Walt Disney Co. won its legal battle Friday with rival MGM studio to continue using MGM's name in theme parks, even when they include a working production facility. But Disney was unable to prevent a separate firm, MGM Grand Inc., from using the name in an amusement park planned for Las Vegas. Los Angeles Superior Court Judge Curtis Rappe upheld Disney's claim that a 1985 agreement with MGM gives Disney exclusive worldwide rights to use the MGM name in movie-based theme parks.
July 7, 1992 |
Testifying as a defendant in a lawsuit accusing him and Walt Disney Co. of improperly using the name of a competitor at a Florida theme park and production facility, Disney Chairman Michael D. Eisner said Monday that he always intended for the facility to include a working studio. To operate the Disney-MGM Studios in Orlando as anything but a studio producing genuine movie and television entertainment would court commercial disaster, Eisner testified in Los Angeles Superior Court.
February 28, 1991 |
Attorney Howard Weitzman said he and about 65 fellow lawyers plan to dissolve the 39-year-old Wyman, Bautzer, Kuchel & Silbert law firm and join Chicago-based Katten Muchin & Zavis. The Los Angeles lawyers will join Katten Muchin's existing, 10-attorney West Coast operation. The Chicago firm will be renamed Katten Muchin Zavis & Weitzman, and Weitzman will be named chairman of its national executive committee.
August 23, 2003 |
DaimlerChrysler said Friday that it had agreed to pay $300 million to settle a class-action lawsuit filed by investors over the 1998 merger of Daimler-Benz and Chrysler Corp. The automaker said it believed the suit seeking $22 billion was groundless, but it agreed to the settlement because "a local jury could reach a different conclusion." Insurance is expected to cover $220 million of the payment.