Word: favor
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Dates: during 1980-1989
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...billion securities industry hailed the decision. Eugene and Julia McMahon of Yonkers, N.Y., reviled it. In a ruling of vital concern to small investors everywhere, the U.S. Supreme Court last week came out in favor of arbitration over litigation as a means of settling disputes between stockbrokers and their clients...
...First English Evangelical Lutheran Church of Glendale, took exception to the safety measure. Claiming that the county's action violated the Fifth Amendment, the church sued for compensatory damages. Almost eight years after that suit was initiated, the high bench, by a 6-to-3 vote, ruled in favor of the church...
...heartthrob. That is a status Connery has easily worn for a quarter-century, and he was happy to fall into Malone's sack-of-potatoes haberdashery and the film's complex ethnic weave. "There's the Mediterranean style of Capone," Connery notes, "very much in favor of the pleasures of life. Then the Wasp syndrome of Ness, very puritan. And finally the European-Irish cop -- me -- in the middle, finding his way through that minefield...
Some members of the administration, including several Corporation members, have said they would favor a woman or minority on the Corporation if a suitable candidate could be found. President Bok himself has publicly stated that high priority is being given to such candidates...
Corporations fighting off takeover bids have devised sundry exotic defenses: concocting so-called poison pills of potential debt, filing protracted lawsuits or amassing the stock of would-be acquisitors. Lately a new strategy seems to be gaining favor: paying gobs of borrowed money to all stockholders, including unwelcome suitors, in a maneuver known as recapitalization. The idea is to create a debt-burdened company less attractive to raiders. Last week both publishing giant Harcourt Brace Jovanovich (1986 revenues: $1.3 billion), of Orlando, and travel conglomerate Allegis (1986 revenues: $9.2 billion), of Elk Grove Township, Ill., made use of this shark...