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September 5, 2005

Disney Case Settles

   The case against the board of directors of Disney for paying Orvitz excessive compensation for his 14 months of service has settled.  The Delaware Court of Chancery recently ruled in favor of the defendants after a trial and the plaintiffs have opted to settle the case rather than appeal.  The details of the settlement will be interesting.  I do not yet know them and may never if the Court decides to keep them confidential.

September 5, 2005 | Permalink

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