Polaroid Patent Fight Begins In Boston Court
Edwin H Land opened Polaroid’s patent case against Eastman Kodak in U S District Court Boston seeking to prove Kodak copied ten Polaroid patents when designing a competing instant camera. Land demonstrated the SX-70’s innovation and outlined color film goals as the trial started.
MENTIONED IN THIS ARTICLE
Associated Press
Boston
Polaroid
Edwin H. Land
Eastman Kodak
Kodak
Land
Aya Zobel
U.S. District Court
William K. Kerr
Frank T. Carr
Carr
Iran Condos Tax Dispute Moves Toward Settlement
The Chicago condo used by consular officials and tied to a $2,000 tax bill between the United States and Iran could be settled via funds from a special administrative account under the Algerian Embassy. Treasury allowed use of frozen Iranian assets, removing a major hurdle, but Iran has yet to decide whether to accept.
MENTIONED IN THIS ARTICLE
Chicago Sun-Times
Chicago
United States
Iran
Tehran
Treasury Department
Washington, D.C
U.S
Senator linked to bribery in Bergen County case
Union City Mayor and state senator William V. Musto named an unindicted co conspirator in a federal bribery indictment against Van-Rad Contracting Co. president Richard Van Nortwick. The scheme allegedly used $2.57 million in city funds to buy a building at an inflated price. a public vote had rejected the sale.
MENTIONED IN THIS ARTICLE
Newark
N.J
Union City
William V. Musto
Bergen County
Richard van Nortwick
Van-Rad Contracting Co
Lyndhurst
van Nortwick
Frank Scarafile
Scarafile
Eric Summerville
Sears Nears Acquisition of Coldwell Banker in $175 Million Deal
Sears Roebuck plans a cash and stock offer to acquire the Coldwell Banker real estate firm, currently holding about 17.6 percent of shares. The proposal values the company between $175 million and $179 million, with a $42 per share bid for up to 1,936,000 shares and potential up to 2,304,000 shares. Board approvals and tax considerations apply.
MENTIONED IN THIS ARTICLE
Chicago
Coldwell Banker & Co
Sears, Roebuck and Co
Sears
Coldwell Banker
Coldwell
Edward Telling
C. Wesley Poulson
Sears Bhanes
Aive Te
Thorsen
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