Word: balk
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Dates: during 1980-1989
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...hitch as he began his stretch. The third-base umpire immediately waved home the New York Met base runner standing on third. Thus was scored the first run in the second half of the strike-broken 1981 baseball season. The national pastime returned, not with a bang but a balk...
Corporate clients, who may spend as much as 30% of their after-tax earnings for legal services, have begun to balk at the rising costs and volume (up 7% to 8% annually) of litigation. In May some 70 corporations sent representatives to a Washington conference held by Consumer Advocate Ralph Nader for advice on paring legal fees. Nader's prescriptions: hire in-house legal staffs to handle simple cases and to monitor billing for outside legal work; diversify legal services by hiring a number of firms, including smaller ones; and settle more disputes through mediation or out-of-court...
Suddenly, in the midst of discussions between Du Pont and Conoco, another competitor appeared. Texaco made an offer for Conoco that was roughly comparable to Du Font's bid. But Bailey preferred to stick with Du Pont. He feared that even the Reagan Administration would balk at a merger between the two huge oil companies: a Texaco-Conoco combination would be larger than any U.S. energy firm except Exxon...
...owners balk, the players walk and the fans squawk...
...annual report, released last week and devoted to the sticky issue of "technology transfer," Bok reiterates the issues that caused the Corporation to balk initially--issues of paramount importance to the future direction of the University, academically, financially and ethically. Because of the myriad of potential conflicts that could arise when a university haphazardly ventures into the business world, it is reassuring to see that these issues are still uppermost in Bok's mind...