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...reason that South Carolina now has the third fastest growing industrial sector of any state in the U.S. is Charleston International Airport. Among the companies that have set up factories within an easy drive of the twin-runway airport: Cummins Engine, Du Pont, Levi Strauss, Memorex, Celanese and Exxon. Says Michael Kazeef, a manager for Alumax Inc., a leading aluminum producer: "In Washington State, the airport is 120 miles from our plant and going there was a big inconvenience. For any large company, an airport close by is a necessity. Vendors, salesmen, parts, cargo, company officials, you name...

Author: /time Magazine | Title: The Economic Perils of Chaos Aloft | 8/17/1981 | See Source »

...bizarre brand of comedy was too wild, too earthy and too intense for this tie-and-tux crowd, had made one last attempt at a joke. Holding the glass high, he shattered it in his hand. "Is it live," he chortled, satirizing Manchester's TV commercials, "or is it Memorex?" Having elicited nothing more than a few titters, Langston must have wondered the same thing about the crowd...

Author: By Bill Braunstein, | Title: THE UNKNOWN COMIC | 9/18/1980 | See Source »

...decide whether IBM had monopolized various markets claimed in Memorex's $900 million antitrust suit, jurors needed a detailed understanding of things like "reverse engineering," "cross elasticity of supply" and "subordinated debentures." The trial lasted 96 days. The jury heard 87 witnesses and examined some 3,000 exhibits. After deliberating for 19 more days, it could not reach a unanimous verdict. Federal Judge Samuel Conti declared a mistrial. He then ruled in favor of IBM, though the jury had favored Memorex by 9 to 2. Suspecting that the jurors were baffled by the whole case, Judge Conti began asking...

Author: /time Magazine | Title: Law: Now Juries Are on Trial | 9/3/1979 | See Source »

...appeal, Memorex is what is known as a "big case": a multimillion-dollar lawsuit that involves mountains of evidence and may take months or years to resolve. Increasingly common, such civil cases pose a dilemma. They are generally within the broad definition given by the U.S. Supreme Court to "Suits at common law." Thus they come under the jury-trial guarantee of the Seventh Amendment. (State courts are not bound by the Seventh, but most states have similar guarantees.) Such cases add to the burdens on the already overloaded courts. More important, if the jury cannot understand the issues...

Author: /time Magazine | Title: Law: Now Juries Are on Trial | 9/3/1979 | See Source »

...chief justices. "Overwhelmingly, a great many of the people best qualified to sit on juries are those most eager to escape jury duty." Usually they succeed. With excuses ranging from "bad sleeping habits" to "poor frame of mind," every potential juror who did not want to sit through the Memorex case was excused. There were 118 in all. In many long cases, anyone who cannot get away from work for months at a time or who earns more than jury duty pays-$30 a day plus some extras-will opt out. That leaves, says Stanford Law School Professor William Baxter...

Author: /time Magazine | Title: Law: Now Juries Are on Trial | 9/3/1979 | See Source »

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