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But lawyers notified the court of the pending settlement.
Asked how he felt about a pending settlement by Mr. Grubman, Mr. Hochman said: "I'm broke.
The pending settlement was reported yesterday in The Wall Street Journal.
The announcement Thursday was not related to a larger pending settlement with the federal Justice Department over three whistle-blower lawsuits that also involve sales of Risperdal.
He is also considering a pending settlement of a class-action lawsuit filed by authors and publishers over Google's book-scanning project.
Officials at the airport said they were acting on a court order that barred her from leaving the country pending settlement of a $76,000 claim against her.
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In a filing last winter, Novartis said it was increasing reserves by $318 million in the fourth quarter, to a total of $397 million, to pay for pending settlements into past marketing practices.
[World Business, Section W.] Sotheby's Reports 9-Month Loss Sotheby's Holdings reported a "significant loss" for the first nine months of 2000, mostly from the third quarter, attributing it largely to the special charges associated with the Justice Department's antitrust investigation into price fixing and pending settlements of lawsuits.
Sotheby's Holdings Inc. reported a "significant loss" for the first nine months of 2000 yesterday, attributing it largely to the special charges associated with the Justice Department's antitrust investigation into price-fixing and pending settlements of class-action and shareholders' lawsuits.
There is also a renewed legal battle between the states and the tobacco companies, with the companies holding back nearly $8 billion in settlement payments, pending resolution.
A pending $4.85 billion settlement would end the bulk of those personal injury suits.
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