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SPORTS
December 6, 1991
National League president Bill White will ask the Cincinnati Reds next week about the former team doctor's allegations that the Reds did not provide quality medical care for players, a league spokeswoman said yesterday.Katy Feeney said league officials have seen only newspaper stories about Dr. Michael Lawhon's parting shot at the Reds when he quit Monday as the team's physician."The league will, I'm sure, look into it and see where it all comes from," Feeney said. "Obviously, players' health is a concern."
ARTICLES BY DATE
BUSINESS
By TRICIA BISHOP and TRICIA BISHOP,SUN REPORTER | July 18, 2006
Investors are offering money to venture capitalists in a fashion not seen since the dot-com craze, though most firms are turning much of it away. But for the second quarter of 2006, which ended June 30, there were two exceptions: Oak Investment Partners of Connecticut, and New Enterprise Associates, or NEA, which was founded in Baltimore 28 years ago. Those firms raised record amounts, bringing in the bulk of the quarter's nationwide $11.2 billion raised...
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BUSINESS
By Kelly Gilbert and Kelly Gilbert,Evening Sun Staff | January 8, 1992
Baltimore-area developer John W. Shilling Jr. has pleaded not guilty to a federal charge of bank embezzlement tied to the alleged theft of $534,207 from four limited partnerships linked to the failed First Federal Savings Bank of Annapolis.Shilling, 49, of Reisterstown, entered the plea yesterday to Judge Frederic N. Smalkin in U.S. District Court in Baltimore.Smalkin set a March 2 trial date.Shilling was charged last month in a one-count criminal information document.The charging document said Shilling, owner of Crown Development Corp.
SPORTS
By Jon Morgan and Jon Morgan,SUN STAFF | September 17, 1997
The Ravens are scheduled tomorrow to finalize a complex financial restructuring in which the team will take on $185 million in debt and shift majority ownership -- but not control -- from Art Modell to his wife, Pat.NFL rules limit the amount of debt that a team owner can take on using the club as collateral. The rules, however, do not prohibit a minority investor from borrowing liberally against his or her holdings.So Modell, working to pay off debts from Cleveland, buy out two Ohio-based minority partners and pay the considerable bills from his move of the franchise to Baltimore last year, transferred ownership of 70 percent of the team to his wife of 28 years.
SPORTS
December 29, 1991
Drop suits, pay fees, Steinbrenner is toldCommissioner Fay Vincent said yesterday that before he would consider an application for reinstatement by George Steinbrenner, the New York Yankees owner would have to agree to pay baseball's legal fees from their two-year dispute."
BUSINESS
By Timothy J. Mullaney | April 11, 1991
Dwight Schar, chief executive of debt-laden NVR L.P., was given a new, five-year contract late last year that provides that he be paid more than $1.1 million if he is fired.NVR, the McLean, Va.-based homebuilding firm that is the second-leading builder in the metropolitan Baltimore market, disclosed the new arrangement in its annual 10-K filing with the ++ Securities and Exchange Commission last week.NVR lost $260 million last year, when it wrote off land positions that it had bought during the hot market for new homes in the Baltimore and Washington areas from 1987 to 1989.
BUSINESS
By New York Times News Service | August 12, 1993
WASHINGTON -- Daniel F. Akerson, MCI Communications' president and chief operating officer, abruptly quit yesterday to become chief executive of General Instrument Corp. and a general partner at the investment banking firm Forstmann Little & Co., a major stakeholder in General Instrument.The move surprised executives at MCI, the nation's second-largest long-distance company, where Mr. Akerson's tenure has been extremely successful. Bert C. Roberts, MCI's chairman and chief executive, will assume Mr. Akerson's duties for the time being.
SPORTS
By Jon Morgan and Jon Morgan,SUN STAFF | September 17, 1997
The Ravens are scheduled tomorrow to finalize a complex financial restructuring in which the team will take on $185 million in debt and shift majority ownership -- but not control -- from Art Modell to his wife, Pat.NFL rules limit the amount of debt that a team owner can take on using the club as collateral. The rules, however, do not prohibit a minority investor from borrowing liberally against his or her holdings.So Modell, working to pay off debts from Cleveland, buy out two Ohio-based minority partners and pay the considerable bills from his move of the franchise to Baltimore last year, transferred ownership of 70 percent of the team to his wife of 28 years.
NEWS
May 28, 1992
Pieter A. Fisher, a native of Baltimore who was a partner in the Wall Street brokerage house of Goldman, Sachs & Co., died Sunday of prostate cancer at his vineyard in Rutherford, Calif. He was 61.Mr. Fisher had a home in New York City from 1957 to 1991. His business interests over the years included the Ramco Oil and Gas Co. of Oklahoma City, in which he was a partner.He and his wife recently bought the vineyard in the Napa Valley, where they built a winery, Clos du Montagne.He was a graduate of the Episcopal High School in Alexandria, Va., and, in 1953, of Princeton University.
BUSINESS
By TRICIA BISHOP and TRICIA BISHOP,SUN REPORTER | July 18, 2006
Investors are offering money to venture capitalists in a fashion not seen since the dot-com craze, though most firms are turning much of it away. But for the second quarter of 2006, which ended June 30, there were two exceptions: Oak Investment Partners of Connecticut, and New Enterprise Associates, or NEA, which was founded in Baltimore 28 years ago. Those firms raised record amounts, bringing in the bulk of the quarter's nationwide $11.2 billion raised...
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | April 19, 1996
Host Marriott Corp. yesterday unveiled plans to acquire four upscale hotels for $92.5 million through an unusual transaction that involves buying out limited partners in a company set up eight years ago by the former Marriott Corp.The tender offer for units in Marriott Hotel Properties II Ltd. Partnership represents the first time that the Bethesda-based hotel owner has attempted to buy out limited partners to further its strategy of acquiring so-called full-service hotels.The offer is unusual in that Host Marriott, as general partner, technically controls Marriott Hotel Properties II and 29 other similar entities through agreements.
SPORTS
By Mark Hyman and Mark Hyman,Staff Writer | October 4, 1993
Later today, Peter G. Angelos is expected finally to take charge of the Orioles. As the team's managing general partner, the Baltimore lawyer will have the last word on virtually every decision affecting the club, from setting ticket prices to lusting after free agents.But despite that sweeping authority, Angelos should be on the receiving end of a fair amount of advice.He'll get it from, among other sources, the team's executive committee and newly constituted board of directors.The executive committee will consist of advisers closest to Angelos, including other owners with the most money invested in the team.
BUSINESS
By New York Times News Service | August 12, 1993
WASHINGTON -- Daniel F. Akerson, MCI Communications' president and chief operating officer, abruptly quit yesterday to become chief executive of General Instrument Corp. and a general partner at the investment banking firm Forstmann Little & Co., a major stakeholder in General Instrument.The move surprised executives at MCI, the nation's second-largest long-distance company, where Mr. Akerson's tenure has been extremely successful. Bert C. Roberts, MCI's chairman and chief executive, will assume Mr. Akerson's duties for the time being.
NEWS
May 28, 1992
Pieter A. Fisher, a native of Baltimore who was a partner in the Wall Street brokerage house of Goldman, Sachs & Co., died Sunday of prostate cancer at his vineyard in Rutherford, Calif. He was 61.Mr. Fisher had a home in New York City from 1957 to 1991. His business interests over the years included the Ramco Oil and Gas Co. of Oklahoma City, in which he was a partner.He and his wife recently bought the vineyard in the Napa Valley, where they built a winery, Clos du Montagne.He was a graduate of the Episcopal High School in Alexandria, Va., and, in 1953, of Princeton University.
BUSINESS
By Kelly Gilbert and Kelly Gilbert,Evening Sun Staff | January 8, 1992
Baltimore-area developer John W. Shilling Jr. has pleaded not guilty to a federal charge of bank embezzlement tied to the alleged theft of $534,207 from four limited partnerships linked to the failed First Federal Savings Bank of Annapolis.Shilling, 49, of Reisterstown, entered the plea yesterday to Judge Frederic N. Smalkin in U.S. District Court in Baltimore.Smalkin set a March 2 trial date.Shilling was charged last month in a one-count criminal information document.The charging document said Shilling, owner of Crown Development Corp.
SPORTS
December 29, 1991
Drop suits, pay fees, Steinbrenner is toldCommissioner Fay Vincent said yesterday that before he would consider an application for reinstatement by George Steinbrenner, the New York Yankees owner would have to agree to pay baseball's legal fees from their two-year dispute."
SPORTS
By Mark Hyman and Mark Hyman,Staff Writer | October 4, 1993
Later today, Peter G. Angelos is expected finally to take charge of the Orioles. As the team's managing general partner, the Baltimore lawyer will have the last word on virtually every decision affecting the club, from setting ticket prices to lusting after free agents.But despite that sweeping authority, Angelos should be on the receiving end of a fair amount of advice.He'll get it from, among other sources, the team's executive committee and newly constituted board of directors.The executive committee will consist of advisers closest to Angelos, including other owners with the most money invested in the team.
SPORTS
December 6, 1991
National League president Bill White will ask the Cincinnati Reds next week about the former team doctor's allegations that the Reds did not provide quality medical care for players, a league spokeswoman said yesterday.Katy Feeney said league officials have seen only newspaper stories about Dr. Michael Lawhon's parting shot at the Reds when he quit Monday as the team's physician."The league will, I'm sure, look into it and see where it all comes from," Feeney said. "Obviously, players' health is a concern."
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