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Business r�'one FInance Gettin Ahead
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Michigan Minority Business Month Events
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o "Come ric ha n ctive
education I program", aid
Shoup, to void the former. And
Comerica wor diligently never
to be guilty of the latter. Comerica
ill Iso try to edu ate the
uppliers, ill upply mentors if
necessary.
"We try to a ure equal
ccess," Shoup rei terated,
because opportunity i the key."
m jor tax hike in a ne
pi n, i five cents a gallon
motor fuel incre e (on
Dec mber 1), to be folio d
by n dditional four cent
hi e on July I, 1991; dou
hli ng the t e. on a ix-pack
of beer to 32cent a hop;
in re ing cigarette taxe by
four cent ape ; and requir
ing t te nd Ioc 1 employees
to pay Social Security and
Medic re payroll t xe .
And hile poli tician bat
tle over the propo d budget.
tie and the ne civil
right propo at, ome top
BI c entertainer re
o embroiled in their 0 n per
son I billie over profit .
IT' DOU LE jeop rdy
(or Eddie urp y Supe
rior Court J e in Lo An
Ie recently appointed an
entcrt inment expert ith the
Pric terhou e accounting
firm a "special ma rer " to
examine P ramount' book
on
.
"The principal e're
onorin per oni(y e eel
lence in educ tion," Boyce
id. "T ey touch thou and
o young live every d y.
ere honored to h ve the
opportunity to honor them."
Luncheon lie et re S35
ch nd v il ble from the
Boer T. hin ton Bu i
n ociation. For reser
vation call 875�4250.
before damages are set in Art
Buch aid' suit over "Com
ing To America".
If that i n't nought Eddie
Murphy will have to deal
with yet another claim of
plagiarism relative to the
proceed of "Coming To
America ", as a lawsui t filed
by Prince Johnny 0 eni
B 110 draw near.
The u it, e e kin g . S 1 00
million in damage • allege
that Murphy' blockbuster
movie was t ke-off of his
1983 screenplay, entilled
"Toto, the A/rican Prince".
The creenplay wa co- rit
ten by Shelby Gregory, ho
filed his 0 n copyright II .
suit nd i eeking $10 mil-
lion in damage .
But Murp y'. not the only
Black upe t r with money
quabble. be t buddy Ar
enio Hall i now bein ued
(or 575 million in damage
(and 50 cut of the profit
from his hit ho ). by former
man ger Robert W ch .
Wachs. ho 0 li II manage
Murphy, yo lhat he is
re pon ible for making Hall
as ealthy a he i . Accord
ing to W ch , H II ill earn
S12.5 million thi year from
the TV ho . Th t ' S2.5
million for pi ying ho t, and
n addition I SIO million in
profit. ccountin for a S7
million incr asc over what
H II m de from lh . how In·
19 9.
HALL I ell RGED
- ith breach of or I contract,
bad f lth deni I 0 contr c-'
tu I oblig' tion • breach of
fiduci ry duty nd fr ud. All
lhi lemming from n 19881
or I contr cr providing th I
Hall r would p y Wach 50
of the profi t from hi tal
ho • in exch nge for a num
ber of ervice 0
ch ': production com-
pany w al 0 . uppo ed l
receive 15 of H .. W· execu
tive producer fee, hich
could top S500.000. Inciden
tally, the uit al 0 reveals
that H II paid 5430.000
for hi cting (and writing)
part in "Coming To
1\merica".