Word: losers
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Dates: during 1960-1969
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Faced with delay and frustration in the courts, more and more U.S. firms are using arbitration as a means of resolving disputes. Even for the loser, it saves time and money...
Arbitration offers the further advantage of privacy. Charges aired in a courtroom can damage a firm's reputation even when it is ultimately found to be blameless. In arbitration, even the loser's good name is safeguarded: hearings are closed to the public and awards are kept secret. As some lawyers see it, the greatest merit of arbitration in business disputes is that experts decide the outcome. In a dispute over faulty workmanship in houses, for example, the A.A.A. panel consisted of an architect, a building-materials manufacturer, and an insurance executive specializing in housing matters. To make...
...last weekend of 1963, the scythe went through six Broadway shows, and at least $500,000 of investors' money disappeared with them. Mary Martin's new musical Jennie was the biggest money loser, since its nut was $550,000 and it ran only ten weeks. The best play to fall was Jean Anouilh's The Rehearsal (it lost $40,000). Other foldees: Terence Rattigan's Man and Boy ($90,000 down), The Irregular Verb to Love ($35,000), Love and Kisses ($100,000), Double Dublin ($45,000). This crop was quickly followed by Tennessee Williams...
...great thing about playing the Shakespeare game is that nobody can be proved a winner or a loser. And Rowse is even now preparing to get the last word-a new edition of the sonnets, translated into Rowse's English, all neatly arranged with commentary to be read-well, just like a novel...
Simple Refusal. When the loser is insured, as is general in the auto-accident cases that make up the bulk of civil damage suits, payment normally is quick. In those liability and libel suits where huge judgments make huge headlines, the uninsured loser may pay up, post a bond and appeal - or resort to pure procrastination. Appeals are a prime source of delay and hold great promise for the loser's pocketbook. Only a few weeks ago, a New York appeals court lopped nearly $3,000,000 from the $3,500,000 libel verdict won in July...