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Bernard LaCrois is Special Assistant to Louis Verdun, Chairman of Sports de France. The company owns and successfully operates a chain of large sporting goods stores in suburban locations not only throughout France but also throughout Europe as well. For the past 10 years, the company has been attempting to increase its revenues and profits by developing small retail sporting goods shops in city centers in France. Each of these last 10 years, however, this city center initiative has generated losses of approximately half a million dollars. Based on the company's inability to generate profits from the city center shops, Chairman Verdun has decided to terminate this initiative, and has assigned LaCrois responsibility for accomplishing this objective within the next 180 days. However, disc...
...1 . For nearly 30 years, Sports de France SA. has owned and operated a chain of large self-serv...
In a second attempt to prevent the sale of Constellation Energy Group to MidAmerican Energy Holdings Co., Electricite de France SA Wednesday proposed a $4.5 billion deal that would keep the Baltimore- based energy company largely intact by creating a joint venture for its nuclear generation business. EDF, which owns 9.5 percent of Constellation's outstanding shares and is the company's biggest shareholder, said the offer would allow Constellation to continue as a publicly traded company while addressing the liquidity issues that hammered its share price in September. The proposal includes a $1 billion cash investment in preferred stock and an option for Constellation to sell up to $2 billion of non-nuclear assets as well. The Paris-based utility said its offer values the whole of Conste...
... Telecom cross-appeals from so much of the same judgment as denied dismissal of the complaint for ...
...179, 121 L.Ed.2d 125 (1992). But to say that a district court may or may not, in its discr...
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