Times Mirror deal shuts out Westlaw; sale to Lexis parent raises questions over tax as well
Article Abstract:
The West Group has suffered major courtroom and business setbacks, losing Shepard's database to Reed Elsevier, parent of Lexis-Nexis, and losing the right to prevent competitors, such as Matthew Bender, from embedding "star pagination" commands in their compilations of judicial opinions on CD-ROM discs to show the page location of the same text in West's print products. Times-Mirror is calling the sale of its Matthew Bender legal publishing subsidiary its sale to Reed Elsevier a tax-free swap of stock among consenting shareholders, which might save $400 mil in taxes.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
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Did Amoco's efforts backfire? Oil giant investigated cancer cluster, but suits followed anyway
Article Abstract:
BP Amoco investigation of a cancer cluster at its Illinois research center may have backfired, because suits by former employees and their survivors followed anyway. According to court documents filed by Amoco, the company did not learn until 1989 that three of its employees at the Illinois research center had been diagnosed with brain malignancies, and medical experts it employed to investigate found no causal link between the workplace and the sick employees.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1999
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Courts find severance deal pitfalls; one awards $18 million based on 'plain meaning.'
Article Abstract:
A case dealing with Arcadian Corp's severance agreements for high-level executives is pending before the US Court of Appeals for the 6th Circuit and deals with agreements negotiated when Arcadian was in takeover talks with Canada's Potash Corp. in late 1996. The deference courts will give even arguably ambiguous agreement terms is evident in this case. and it also a merger involving different countries with different corporate cultures can create.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1999
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