Ovitz ruling is upheld by Delaware Supreme Court

Goldsmith, Jill
June 2006
Daily Variety;6/9/2006, Vol. 291 Issue 49, p35
Trade Publication
The article reports that the Delaware Supreme Court has upheld a ruling that absolved Walt Disney's board of wrongdoing in Michael Ovitz's payout worth about $130 million. The decision comes as Steven Schulman, the one who led the case against Walt Disney, was indicted for allegedly paying plaintiffs to push shareholder class-action cases against Disney.


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