Eisners Drop Accounting Suit
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Michael Eisner and his wife have dropped a lawsuit that claimed their accountant miscalculated their California taxes for 1996 through 1999, according to court papers.
The Walt Disney Co. chief executive and his wife, Jane, filed a notice in U.S. District Court in Los Angeles last week that they were dismissing the suit against Executive Monetary Management Inc. The California Franchise Tax Board in July 2001 told the Eisners to pay about $3 million in additional taxes and interest, according to the suit. The Eisners’ complaint sought compensation for the $3 million as well as legal fees.
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