TITLE

Kassan sues Western, Interpublic for $63.5 mil

AUTHOR(S)
Ross, Chuck; Snyder, Beth
PUB. DATE
August 1999
SOURCE
Advertising Age;8/16/1999, Vol. 70 Issue 34, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on an arbitration action and lawsuit filed by entertainment and media consultant Michael Kassan against Western Initiative Media Worldwide and Interpublic Group of Cos. for breach of contract and defamation of character in 1999. The actions of Kassan against the two companies seek a total of $63.5 million in damages. According to a release issued by Rogers & Associates, the North American president-chief operating officer of Western filed a notice of intent to seek mediation before the American Arbitration Association in Los Angeles, California, as required by his current employment agreement. Kassan is seeking $50 million in that action. He also filed a suit in the U.S. District Court in the Southern District of New York for anticipatory breach of a five-year contract scheduled to run from January 1, 2000. Kassan is seeking $13.5 million in that action.
ACCESSION #
2166356

 

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