Word: contracts
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Dates: during 1980-1989
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...Despite contract disputes that delayed renovations at the Harvard-owned Dumbarton Oaks research facility in Washington, D.C., the non-profit center celebrated the opening of its new gallery Thursday night, five months after it was expected to be completed...
Kupelnick filed the letter as an exhibit in the court complaint, which charges breach of contract, bad faith termination, breach of the implied convenant of good faith and fair dealing, malicious interference in advantageous employment relations and defamation and violation of civil rights...
This Sunday, when the camera zooms in for a closeup of the National Football League action, look carefully at the helmets. Chances are you will see the ) word Riddell emblazoned on the nose guard. Riddell Inc. of Chicago has 60% of the N.F.L. helmet market and a peculiar contract: if players use another brand of helmet, they must cover the maker's name. Riddell won that provision in return for supplying N.F.L. teams with free helmets, pads and jerseys...
...settlement that left Hollywood somewhat breathless last week, Warner Bros. and Sony Corp. ended their two-month battle over the services of Peter Guber and Jon Peters, the megahit producers of Batman and Rain Man. Warner agreed to release Guber, 47, and Peters, 44, from a five-year contract, thereby permitting Sony to hire the pair to run Columbia Pictures Entertainment, which the Japanese firm is acquiring for $3.4 billion. In return, Sony ceded entertainment assets to Warner Bros. that analysts estimated could be worth between $400 million and $600 million. "Sony has paid the most extraordinary price in history...
...Peters to head Columbia for $2.75 million in annual salaries plus profit-sharing bonuses. Sony also agreed to pay $200 million for Guber-Peters Entertainment, which the two men operate. Warner Bros. responded with a $1 billion suit against Sony for inducing Guber and Peters to break their Warner contract. Said Ed Atorino, who follows the entertainment industry for the Wall Street firm Salomon Bros.: "Sony didn't read the fine print. Warner made them...