TITLE

VIV U DROPS FRENCH SUIT AGAINST MESSIER

AUTHOR(S)
Klaussmann, Liza
PUB. DATE
January 2004
SOURCE
Daily Variety;1/28/2004, Vol. 282 Issue 22, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the withdrawal of the lawsuit filed by Vivendi Universal SA against former executives Jean-Marie Messier and Eric Licoys in Paris, France. Decision of Messier to relinquish his claim; Condition asked by the executive in exchange of his claim to the severance package; Closure of the investigation into the finances of the company.
ACCESSION #
12123194

 

Related Articles

  • Messier to land sans a golden parachute. Vaucher, Andrea R. // Daily Variety;7/08/2002, Vol. 276 Issue 24, p3 

    Reports that Vivendi Universal board members have decided against paying the company's ousted executive, Jean-Marie Messier for fear of a lawsuit from minority shareholders. Messier's demand as part of his separation package; Successor of Messier; Newly appointed executives at the Vivendi.

  • French court blocks Messier pay. Bennett, Ray; Pryor, Peter // Hollywood Reporter -- International Edition;7/15/2003, Vol. 379 Issue 26, p67 

    The legal battle over severance payments to former Vivendi Universal SA chairman and CEO Jean-Marie Messier saw its latest twist when a French court said the firm doesn't have to shell out millions, a decision that contradicts a recent ruling by a U.S. court. A payment should only be made once...

  • VU withdraws charges vs. former execs. Bennett, Ray; Pryor, Peter // Hollywood Reporter -- International Edition;2/3/2004, Vol. 382 Issue 21, p64 

    Media conglomerate Vivendi Universal SA has withdrawn its legal actions against former chairman and CEO Jean-Marie Messier and right-hand man Eric Licoys following Messier's decision last month to renounce a €20 million ( $25.3 million) severance package promised him when he left the...

  • BIZ Briefs. Sherman, Jay // Television Week;2/2/2004, Vol. 23 Issue 5, p25 

    Presents an update on the media industry as of February 2, 2004. Decline in profit posted by Sony Corp. for its fiscal third quarter period; Acquisition of WMTW-TV in Portland, Maine by Hearst-Argyle Television; Withdrawal of Vivendi Universal's lawsuit against Jean-Marie Messier and Eric...

  • VIV U BATTLES MESSIER PACT. Amdur, Meredith // Daily Variety;7/2/2003, Vol. 279 Issue 61, p7 

    Reports on the commitment made by Vivendi to annul the severance contract of former chairman-chief executive, Jean-Marie Messier. New York tribunal ruling that Messier is entitled to a multimillion-dollar settlement according to the terms of a severance pact signed before he left the company;...

  • Vivendi Universal escrow sought.  // Hollywood Reporter -- International Edition;9/23/2003, Vol. 380 Issue 23, p50 

    The U.S. Securities and Exchange Commission said last week that it had asked a federal judge for an order to compel broadcasting company Vivendi Universal SA to place in escrow extraordinary payments, including for severance, that it may make to former Chief executive officer Jean-Marie Messier....

  • VU faces Messier payday. Sidhva, Shiraz; Szalai, Georg // Hollywood Reporter -- International Edition;9/16/2003, Vol. 380 Issue 22, p1 

    Reports on the decision of a U.S. court asking the company Vivendi Universal to honor a severance package for former chairman Jean-Marie Messier, who was ousted in July 2002. Efforts of Vivendi Uni to oppose the decision; Development likely to boost Vivendi Uni's financial flexibility and cut...

  • Sanctions loom as France probes Viv U. James, Alison; Goldsmith, Jill // Daily Variety;9/16/2003, Vol. 280 Issue 52, p4 

    Reports on the ruling of a New York State court for Vivendi Universal to provide severance payment to Jean-Marie Messier, former Vivendi chairman and chief executive officer. Opposition of Vivendi to provide payment to Mesier; Passage of an appeal and request to stay enforcement of the...

  • SEC files suit over Messier. Diorio, Carl // Daily Variety;9/18/2003, Vol. 280 Issue 54, p6 

    The article focuses on a lawsuit that has been filed by the U.S. Securities & Exchange Commission (SEC) in New York City's District Court to prevent Vivendi Universal Publishing SA from making severance payment to its outgoing chief executive officer (CEO) Jean-Marie Messier.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics