Word: legalism
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Dates: during 1980-1989
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Holmes a Court, 49, made an initial move three months ago, after Texaco was forced into bankruptcy proceedings by its debilitating legal battle with Pennzoil. He announced that he had paid $541 million for 6.4% of Texaco's 242 million outstanding shares "exclusively for purposes of investment." Wall Street experts have wondered ever since whether he might have more than a passive holding in mind. That speculation grew last week as Holmes a Court, who now holds 9.6% of Texaco's shares, said he is seeking U.S. Government approval to increase his stake to as much...
...convicted of the minutely itemized charges, as seems almost certain under the tightly controlled Soviet legal system, five of the defendants face sentences of up to ten years in prison. They include Dyatlov, former Plant Director Viktor Bryukhanov, 51, and former Chief Engineer Nikolai Fomin, 50. The three men have already been stripped of Communist Party membership and have spent the past year in a Kiev jail, awaiting trial. Wearing plain dark suits and shirts open at the collar, all three looked gaunt and weary...
...Although Marcos' designs sounded improbable, the Reagan Administration took them seriously. Early last week State Department Legal Adviser Abraham Sofaer and Gregory Walden, a Deputy Associate Attorney General, traveled to Honolulu, where the deposed leader has been living in exile. They informed Marcos that he cannot leave the island of Oahu, and gave him a personal letter from President Reagan reminding him that he is subject to American laws...
...bizarre revelations were made by an equally unlikely pair. Lawyer Hirschfeld has had intermittent legal skirmishes with the Securities and Exchange Commission. Chastain has been vaguely described as a business associate of Hirschfeld's. Last fall, in his search for financial backing, Marcos apparently sought out Hirschfeld because of the attorney's relationship with Mohammed al-Fassi, a client and wealthy Saudi businessman. Marcos wanted al-Fassi to loan him $18 million for weapons purchases. The loan would be secured by Marcos' hidden gold and a lien on his Swiss bank account...
...Turow's good fortune cannot be written off entirely to luck. Although a beginning novelist, he is a published writer; his One L, an account of his first year at Harvard Law School, received admiring attention when it appeared in 1977. In addition, Turow's legal training and experience as a prosecutor have honed some skills useful to lawyers and storytellers alike: an eye for significant details, an ear for how people talk and what they may actually mean when under pressure. Presumed Innocent has not stumbled into success. It is a clever, carefully prepared plea for popular attention...