June 13, 2003 |
Michael Jackson has one less worry and a few bucks less in his bank account. The King of Pop has settled a $12 million breach-of-contract lawsuit filed against him by former financial manager Myung-Ho Lee. Terms of the agreement were not disclosed. The settlement means that details of Jackson's finances won't go on public view in a messy civil case - rumors have circulated for months that the singer is in dire financial trouble. In his suit, Lee claimed that he was hired by Jackson to put the musician's finances in order, only to be ignored.
January 27, 2013 |
Peter Gibbons-Neff, 67, of Rosemont, a financial manager and renowned sailboat racer, died Sunday, Jan. 20, of a heart attack between rounds of trap shooting at the Corinthian Yacht Club in Essington. Mr. Gibbons-Neff underwent bypass surgery when younger but had been in good health recently. Born in Bryn Mawr, he was raised in Devon and attended the Haverford School. His family moved to Chestertown, Md., and he graduated from the Gilman School in Baltimore. In 1968, he graduated from the Wharton School of the University of Pennsylvania.
December 13, 1993 |
Roswell Bond Paine, 77, a former Wayne resident, died Dec. 5, at his home on Keowee Key, a retirement community in Salem, S.C. Mr. Paine spent most of his career with the financial department at Arco Chemical Co., where he had worked in Texas and Philadelphia. After leaving Arco, he served as business manager and then treasurer of the University City Science Center from 1967 to 1971. A private, nonprofit consortium of 28 educational institutions, the center serves as a business incubator.
January 17, 2001 |
A woman accused of embezzling $742,000 from her employer will face a preliminary hearing Jan. 25. Silke Steinmetz, 38, of Lincoln University, was arrested last week and charged with forgery, theft and receiving stolen property, according to the Chester County Detectives. She was released on Friday after posting 10 percent of her $25,000 bail. Reached last night by telephone, Steinmetz refused to comment. Steinmetz was employed for 13 years as a financial manager at Aerzen USA Corp.
September 14, 1989 |
If the Board of Supervisors in financially strapped Warminster Township listens to the recommendation of its manager, it will hire a finance manager by year's end. Andrew A. Mair told the supervisors Monday night that at their next meeting, scheduled for Monday, he will ask permission to advertise the position, which has a starting salary of about $25,000. "My recommendation to the board is that we hire someone for this position immediately, despite the financial situation we are now facing," Mair said.
December 19, 1998 |
Letters of "admonishment and reprimand" were sent by the Southeastern Conference to Florida coach Billy Donovan and South Carolina coach Eddie Fogler because of comments made at last month's conference media days. Fogler had questioned Florida's recruiting practices. He did not comment yesterday. At the SEC Media Days in Birmingham in early November, Fogler said a former SEC player had put together a 10-day trip to France last summer that benefited another league school.
October 10, 1993 |
Lukens Inc. is investing $14.5 million in new equipment in its Coatesville plant. The money will be used to upgrade the company's melting facilities so they can produce the largest stainless steel cast slabs in North America, according to the company. The investment is part of a strategy to lower the cost of making stainless steel and to increase Lukens Steel productivity in the stainless steel plate market, said R. W. Van Sant, chairman and chief operating officer. The new system will be be in operation in the first quarter of 1995.
February 26, 1996 |
Borough officials plan to hire a Reading accountant to fill the void left by manager Charles Jacien, who was ousted in September. Though the decision will not come until a vote scheduled for tomorrow night, the Borough Council intends to offer the position to Jeffrey C. White, a 48-year-old former teacher who has had both municipal and private accounting experience, according to local officials who asked not to be identified. White, reached at his home Friday, said he would wait for the vote before commenting much about the job, a position officials will call "financial manager" rather than "borough manager.
February 8, 1989 |
As part of a continuing series of programs being presented by the Social Concerns Commission of the Haddonfield United Methodist Church, Noami Tutu, daughter of Anglican Archbishop Desmond M. Tutu of South Africa, will be the guest speaker during a program scheduled for Feb. 19 at 7 p.m. Her father, one of the world's leading anti-apartheid spokesmen, won the 1984 Nobel Peace Prize. Naomi Tutu, who left her home in South Africa in 1978 to attend Berea College in Kentucky, has been speaking out against apartheid since 1985.
April 13, 2013 |
The operator of a North Philadelphia day-care center, already held in the drowning death of a 7-year-old, was charged with new crimes Thursday. This time, it was over stealing from a church. In March, a grand jury charged Tianna Edwards, 31, with involuntary manslaughter in the death of Isear Jeffcoat. Now, authorities say that just days before her arrest, Edwards cashed a stolen check for more than $4,000 from Saints Tabernacle Church in Fern Rock. On Jan. 15, the church's financial manager notified police that seven checks had been stolen from the church office, according to criminal court records.