Word: lawsuits
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...LaMotta's dream is now melting a bit. This summer Good Humor began to sell a Chipwich lookalike, the Chocolate Chip Cookie Ice Cream Sandwich. Chipwich has filed a $13 million lawsuit against Good Humor in New York Federal District Court, charging unfair competition and trademark infringement. LaMotta claims Good Humor also took unfair advantage of confidential information gleaned last winter when Chipwich explored with Good Humor the possibility that the company would distribute Chipwich in the Northeast...
...name is part of the rescue operation launched after City Investing Co., a New York conglomerate experienced in resurrecting ailing companies, completed buying 34% of the chain for $29 million in 1980. Last January the new management filed a $100 million lawsuit against 28 former company officials, including Battistone and Bohnett, charging that they had inflated profits and expanded the chain too rapidly...
...business ethics will be scrutinized by Senate Investigators. They came under question in a civil suit filed against him in 1974 by investors who had lost heavily when a New Orleans-based agricultural firm of which Casey was a director went bankrupt. Casey had disclosed the existence of the lawsuit on a routine form sent to the Senate Intelligence Committee after his confirmation hearings last January, but the committee did not question him about it. Last week it was revealed that a New York federal judge had found merit in other directors had knowingly circulated false and misleading information about...
Casey last week refused to discuss his problems over past business practices. The lawsuit involved an agribusiness firm named Multiponics, which was set up in 1968 to acquire land owned by the company's founders and to operate it jointly in farming and related ventures. Casey was a director and one of the founders, in vesting $145,614 in the company, which also assumed a mortgage debt on his land of $301,000. The company tried to raise money by issuing stock privately...
...other directors to reorganize the bankrupt company a year later, District Judge Herbert Christenberry in New Orleans also had concluded that they had driven the corporation "deeper and deeper into debt" by managing in a "pattern of self-interest." A puzzling irony in Casey's involvement in the lawsuit is that it involved questionable dealings in sales of stock-and he was considered such an expert on these matters that he was made director of the Securities and Exchange Commission by President Nixon...