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Even in the era of corporate raiders, when almost any company smaller than General Motors is fair game, A.H. Robins seemed to be an unlikely target. The Richmond pharmaceutical firm has been bogged down in Chapter 11 bankruptcy proceedings since 1985, and faces billions of dollars in claims from women who say they were injured by Robins' Dalkon Shield, a small plastic intrauterine birth-control device. Yet in the past few weeks suitors lined up as if Robins had discovered a cure for cancer. Two U.S. drug companies (Manhattan-based American Home Products and the Rorer Group of suburban Philadelphia...

Author: /time Magazine | Title: So What If It's Bankrupt? | 1/11/1988 | See Source »

...bankruptcy court required Robins to conduct a media campaign to ; alert all Dalkon Shield users about its dangers. That resulted in 190,000 more claims that have to be settled. Last month Judge Robert Merhige Jr. of the U.S. District Court in Richmond ordered the company to put $2.48 billion into a trust fund to cover Dalkon Shield claims. That is not an absolute cap on what Robins will have to pay, but it represents the best estimate of the company's liability...

Author: /time Magazine | Title: So What If It's Bankrupt? | 1/11/1988 | See Source »

...making himself and others angry. He has successfully done so as a New York City newspaper columnist, a sporadic television personality, and the author of six novels. He got his big break in the early '60s at the New York Herald Tribune, where his colleagues included the Richmond dandy Tom Wolfe. The contrast between the two journalists was stark. Wolfe, elegant and soft-spoken, paralyzed his victims with a distinctive satire for which there is still no antidote. Breslin looked like a dented truck, talked loud and dirty, and went after his targets (the city's rich and powerful) with...

Author: /time Magazine | Title: Books: Growlings He Got Hungry and Forgot His Manners | 1/4/1988 | See Source »

CLEMSON, S.C.--Freshman Richie Richmond, subbing for injured All-American Bruce Murray, drove home a 12-yd. shot in the final minute of play as Clemson clinched a 2-0 victory over San Diego St. in the championship match of the NCAA Men's Soccer Tournament yesterday...

Author: NO WRITER ATTRIBUTED | Title: Clemson Blanks San Diego St. for NCAA Title | 12/7/1987 | See Source »

...Richmond, who came on after Murray suffered an ankle sprain with 18:25 left, took a long pass form freshman Pearse Tormey, and chipped the ball past Aztec goalie Bryan Finnerty to start the Clemson celebration with 41 seconds left to play...

Author: NO WRITER ATTRIBUTED | Title: Clemson Blanks San Diego St. for NCAA Title | 12/7/1987 | See Source »

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