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Legal Opinion

In Re Walt Disney Co. Derivative Litigation

Court of Chancery of Delaware

Decided August 9, 2005No. Civ.A. 15452PublishedCited by 192 opinions

1Opinion of the Court

OPINION

CHANDLER, J.

TABLE OF CONTENTS

Introduction. 697

I.FACTS . 699

A. Michael Ovitz Joins The Walt Disney Company. 699

1. Background. 699

2. Ovitz First Contemplates Leaving CAA But His Negotiations With MCA Fail. 701

3. Ovitz Seriously Considers Joining The Walt Disney Company. 702

4. Ovitz’s Contract With Disney Begins to Take Form. 703

5. Crystal is Retained to Assist Russell and Watson in Evaluating the OEA 704

6. Ovitz Accepts Eisner’s Offer. 706

7. Disney’s Board of Directors Hires Michael Ovitz. 708

8. The October 16,1995 Compensation Committee Meeting. 710

B. Ovitz’s Performance as President of…

2Cases cited49 opinions

  1. Aronson v. LewisSupreme Court of Delaware · 1984
  2. Brehm v. EisnerSupreme Court of Delaware · 2000
  3. Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
  4. Malpiede v. TownsonSupreme Court of Delaware · 2001
  5. Guth v. Loft, Inc.Supreme Court of Delaware · 1939

44 more not listed; retrieve them via the Exa API.

3Cited by192 opinions

  1. In Re Walt Disney Co. Derivative LitigationSupreme Court of Delaware · 2006
  2. In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
  3. Seidman v. Clifton Savings BankSupreme Court of New Jersey · 2011
  4. In Re Tyson Foods, Inc. Consolidated Shareholder LitigationCourt of Chancery of Delaware · 2007
  5. Scion Breckenridge Managing Member, LLC v. ASB Allegiance Real Estate FundSupreme Court of Delaware · 2013

187 more not listed; retrieve them via the Exa API.

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