Word: lawsuits
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Dates: during 1990-1999
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...become a volatile area of the law," says Cohen. "Reasonable minds differ because of the complexity of the issues, and the result is a lot of indecision and contradictory outcomes." Certainty, however, is what the tobacco industry has always sought: initially by successfully squelching or winning every smoking lawsuit for decades, and lately by trying to strike a nationwide deal that included strict limits on lawsuits. Congress did not buy the nationwide deal, and the recent arrangement with 46 state attorneys general does not cover individual lawsuits. That leaves tobacco companies where they don't want to be: exposed...
...Bred International, a leading seed developer, of stealing its closely guarded genetic material. Initially, Cargill vehemently denied any wrongdoing, but during settlement talks it acknowledged uncovering "problem areas." Though it won't elaborate much, Cargill says an employee who previously worked for Pioneer and is the target of a lawsuit may have mixed some of Pioneer's breeding material into Cargill's seed corn products without the company's knowledge...
Robert N. Friedman, CEO of discount retailer Loehmann's, has no such defense, at least according to a lawsuit filed by Forty Three Apparel, a New York City-based women's-fashion maker. In mid-1997, the suit contends, Friedman pressured Forty Three Apparel president Mark Singer, who depended on Loehmann's for 80% of his business, into giving Friedman's wife Debbie a high-level job. Within a year, she left the firm, allegedly with clothing patterns and manufacturing processes, and started her own competing outfit. (Loehmann's says the suit has no merit.) It didn't take long...
...necessarily need James Bond to pilfer corporate secrets. Amateur actors will do fine. Over the past few years, textile manufacturer Milliken & Co. allegedly stole information from a host of rivals without so much as a bug or a mole. Instead, according to a lawsuit filed last October by Johnston Industries, based in Columbus, Ga., one Milliken employee posed as a business-school student researching a paper, and another played a Swiss banker seeking investment opportunities. One alleged target, NRB Industries, has reportedly settled its case against Milliken. The $2 billion-a-year titan has denied the charges, but Johnston...
...would be very surprised to see a Massachusetts court rule against a successful lawsuit," Charn says...