Word: recoup
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Ford's publishers spent more than ten times as much on legal costs as they will recoup from the $12,500 award for damages. The sum that they were granted represents the fee that was lost when TIME, which had purchased first magazine publication rights, withdrew under a contractual provision after portions of the book appeared in the Nation. Owen suggested in his decision that only an "oversight" in the copyright law prevented him from awarding the publishers their legal costs. The publishers described the battle as one of principle. Said Brooks Thomas, president of Harper & Row: "This...
...refinancing the plant some five years after construction. Harvard will be taking advantage of present low-market rates to recoup the original MATEP expenditure. The laws covering the issue will also enable Harvard to re-invest some of the money in its endowment and also to help pay off older bond issues. Harvard treasurer George Putnam '49 said recentls...
...beleaguered country, which last year passed Saudi Arabia as the leading U.S. oil supplier, might also recoup some losses simply by pumping more oil. William M. Brown, director of energy studies for the Hudson Institute, believes that Mexico could fairly easily double its exports to 3 million bbl. per day in three years. That way, oil earnings would stay level even if the per-barrel price was cut in half. Other experts, however, believe Mexico would not have the wherewithal to make the investment required to double its output unless it could line up cash customers first. One willing buyer...
McLaughlin has to hope that day-to-day doesn't stretch to week-to-week. Despite his preseason injury, Carrabino leads the team in scoring average, and in his absence, the other cagers need to boost their totals to recoup their 15-point-per-game loss...
More tangible assets may be imminent. Bartel's Eating Raoul, a black-and-blue comedy with a ferocious moral sense, is being distributed by real people at 20th Century-Fox after its engagement last weekend at the New York Film Festival and seems sure to recoup its tiny budget quickly, provided by Bartel's parents and friends. The film has some easy and some earned laughs, half a dozen murders and, for those who can't wait for Porky's 2, the requisite Nude Dancing at a Wild Party scene. This devious comic contraption...