Word: tavoulareases
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When Mobil Corp. President William Tavoulareas won a $2.05 million libel judgment last year against the Washington Post, attorneys for the newspaper predicted that the jury's finding would be set aside by the judge who tried the case. They were right: last week Federal District Judge Oliver Gasch...
"The press-wittingly or not-is coming ever closer to achieving the unrestricted right to defame any member of society with virtually complete immunity." So wrote Mobil Corp. President William P. Tavoulareas in April 1979 in an angry article for Saturday Review magazine. Seven months later, the Washington Post published...
"They said I was a criminal," Tavoulareas testified, as he denied any wrongdoing. His lawyers pounded away at the contention that the newspaper had ignored "the truth each time it stood in the way of a central theme" of the story. The Post's lawyers responded that editors and...
Indeed, the Tavoulareases' attorneys did not contest the Post's claim that it had handled the story with special care. Many lawyers thought that such care was a sufficient defense, at least in the case brought by the Mobil president. Federal Judge Oliver Gasch ruled that the elder Tavoulareas was a "public figure." Thus, under the prevailing Supreme Court standard, he had to prove that the Post had printed its story "with knowledge that it was false, or with reckless disregard of whether it was false or not." But the jury apparently concluded that however non-reckless...
Mobil's bet-a-billion tactics, though, are disturbing many executives in the oil industry. Says one competitor: "If Mobil continues to be this aggressive, there may be new antitrust legislation. It would be better if they started to back off." Responds President Tavoulareas: "You're bound to...