Word: covingtons
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...betrayed." Both men believe they were blacklisted by the petroleum industry after they left Ashland. The executives can hope, though, that their victory may bring about some change in corporate ethics. Says Thomas Dunfee, a professor of social responsibility at the University of Pennsylvania's Wharton School, of the Covington judgment: "I think it's likely to give managers courage when they are asked to do something illegal...
Last week a federal jury in Covington, Ky., ordered Ashland to pay the former executives damages of $69.5 million, which would amount to 52% of the company's fiscal 1987 earnings. McKay, 45, won $44.6 million, while Williams, % 47, was awarded $24.9 million. McKay's judgment, which was higher because his salary at Ashland was larger than Williams', is one of the largest awards ever granted to an individual claimant. Ashland will appeal, and may be able to get the damages reduced. Because the company will not have to pay anything until the appeals process is complete -- something that could...
...Chip Reid, 39, a partner in the Washington law firm of Covington & Burling, the dream house has become a reality. He and his wife and two young daughters moved into their new home in McLean, Va., last month, just as the first grass began to peep through on their newly seeded front lawn. Their dwelling, though, is more than just a cozy little nest in the suburbs. The Reids' Colonial-style house has 15 rooms, including four bedrooms, a library and an exercise center. Stereo music can be piped into each room, and, using infrared remote-control devices, the family...
Dunkelberger said Covington & Burling advises the airline on its United States operations and not on South Africa-related questions, so "apartheid issues are not involved." The spokesman said that "the representation of a client does not at all involve the approving, endorsing, or accepting by a law firm of the policies or moral standing of a client...
...School organizers plan to stage a protest rally on October 18, the day Covington & Burling is scheduled to interview in Cambridge. Until then, organizers said, they'll continue to distribute information about the targeted firms as well as coordinate activities with other law schools...