Word: agreement
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...said it was going to be easy. The controversial Anglo-Irish accord, signed two weeks ago by Prime Ministers Margaret Thatcher and Garret FitzGerald, gave the Dublin government a limited voice in the affairs of the British province of Northern Ireland for the first time. Last week, though the agreement had received solid support in both the British and Irish parliaments, it was harshly attacked by extremists on both sides...
Texaco Attorney Richard Miller tried to show that Getty's agreement with Houston-based Pennzoil was never consummated. Getty Board Member Henry Wendt testified that the offer of $110 a share by Pennzoil's Liedtke was "hostile" and said the board had rejected it on Jan. 2. Miller argued that Getty's board had felt trapped by Pennzoil's offer and sought out a so-called white knight to be a friendlier merger partner...
Many Texas oilmen believed the case hinged on the worth of a man's handshake. But Jamail buttressed his case with a memorandum of agreement signed on Jan. 2 by Liedtke, Getty and Harold Williams, who represented the J. Paul Getty Museum. The document called for Getty to be acquired by a partnership of Pennzoil and a trust composed of the Getty heirs. Jamail contended that Texaco had unethically pressured key Getty shareholders to break the pact with Liedtke and opt for a higher offer...
...resignations were calculated to force multiple by-elections that will be seen as referendums on the Anglo-Irish agreement. If Paisley and his Protestant colleagues are re-elected in balloting that could come early next year, they hope to return to Westminster with a new mandate to oppose the accord. The Irish Senate also approved the accord, clearing the way for the first Irish-British meeting, scheduled to take place later this month in Belfast. Security will be the major topic. Last week a soldier in the Ulster Defense Regiment became the 51st victim of terrorism in Northern Ireland this...
Success, however, has not come without a struggle. Last month IBM said that it has submitted to arbitration a claim against Fujitsu for copying and selling software that is similar to IBM's products. The American manufacturer maintains that Fujitsu is violating a 1983 agreement between the two firms. IBM also went through a corporate reorganization in which 200 U.S. employees were transferred to IBM's Asia/Pacific Group as part of an effort to boost sales...