DISNEY LOSES BID TO GET DOCUMENTS; COURT RULING FAVORS KATZENBERG'S CASE.Byline: Karen Fessler Bloomberg News The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. won't get access to most of the DreamWorks SKG SKG Stichting Kwaliteit Gevelbouw (Dutch) SKG Spielberg, Katzenberg,and Geffen (DreamWorks Studios) SKG Thessaloniki, Greece - Thessaloniki (Airport Code) SKG Smith and Kraus Global documents it's seeking for its defense of a lawsuit brought by former studio chief and current DreamWorks partner Jeffrey Katzenberg, a judge ruled. Disney filed two subpoenas for employment records and other documents related to three DreamWorks executives who are testifying in the suit against Disney, and for business projections contained in a DreamWorks prospectus for the Playa playa or pan or flat or dry lake Flat-bottomed depression that is periodically covered by water. Playas occur in interior desert basins and adjacent to coasts in arid and semiarid regions. Vista real estate development. Disney has been seeking the documents partly in an effort to prove that DreamWorks' financial projections for its own businesses are more conservative than those that Katzenberg and his expert witnesses have put on Disney's businesses. Katzenberg has sued Disney for a bonus, which he claims is worth as much as $578 million, based on 2 percent of anticipated profits from the products he oversaw during his 10 years at Disney. ``These documents will hurt their case. It will impeach To accuse; to charge a liability upon; to sue. To dispute, disparage, deny, or contradict; as in to impeach a judgment or decree, or impeach a witness; or as used in the rule that a jury cannot impeach its verdict. the opinions of their experts,'' Disney attorney Louis Meisinger argued before the Retired Superior Court Judge Paul Breckenridge. The judge did rule, though, that DreamWorks must produce any documents - if there are any - contained in the Playa Vista prospectus that relate to its growth forecasts for China and India, and upon which Katzenberg relied for his claims against Disney. DreamWorks plans to build its headquarters and studio complex at the Playa Vista site in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Earlier, Microsoft Corp. Chief Technology Officer Nathan Mhyrvold, one of the chief witnesses for Katzenberg, testified that China and India hold huge potential for Disney. The judge also said he's willing to revisit re·vis·it tr.v. re·vis·it·ed, re·vis·it·ing, re·vis·its To visit again. n. A second or repeated visit. re Disney's request for documents as the hearing progresses. Disney is arguing that closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people. In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist. DreamWorks is a similar company to Disney in the film and TV industries, and therefore any internal forecasts that DreamWorks has made for its markets should correspond with what Katzenberg has forecast for Disney's markets. An attorney for DreamWorks said the company has given Disney all of its internal documents that relate to the case and were used by Katzenberg's witnesses. |
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