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1 item from 2013

R.I.P. Attorney Irwin Russell: At Center Of Disney/Eisner/Ovitz Uproar

25 August 2013 4:00 PM, PDT | Deadline TV | See recent Deadline TV news »

Update: Beverly Hills entertainment attorney Irwin Russell, whose clients included ex-Disney head Michael Eisner, Jim Henson, Theodore Geisel Aka Dr. Seuss, Joan Crawford, and Carol Burnett, died Friday of complications from leukemia. He was 87. Russell found himself in the eye of the firestorm of corporate governance criticism over the Walt Disney Company’s notorious hiring and firing of Michael Ovitz for huge sums of money. Russell’s dual role was scrutinized in a 2004 Delaware Chancery Court shareholders lawsuit and trial for being both Eisner’s personal attorney and the Disney board member who was chairman of the company’s compensation committee. Russell helped Eisner negotiate Ovitz’s 1995 Disney contract to become president and then 14 months later oversaw Ovitz’s huge $140 million payment after the Disney president’s December 1996 firing. Shareholders unsuccessfully sued over accusations Disney money was wasted because of flawed corporate governance by the directors running the company. Russell »


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2013 | 2012 | 2011 | 2009

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