Petrie stores liquidating trust
Milton Petrie (August 5, 1902 – November 6, 1994) was an American retailer, investor and philanthropist.He made a fortune from a chain of retail stores and supplemented it through a series of investments in real estate and stocks.On January 13, 1983, after Boyle had served two months of his five-year contract, the Board acceded to Milton’s demand that Boyle be fired after Milton and Boyle had a heated argument.Boyle then took up another position elsewhere but sued Petrie Stores, seeking liquidated damages per the contract.From 1979-1984, she held various positions in the legal departments of American Express Company subsidiaries. Joseph was associated with the law firm of Shearman & Sterling. Joseph has written articles for various publications concerning corporate governance-related issues, including Directors and Boards and The Corporate Board magazines and has been a frequent speaker on the subject for professional and educational organizations including the Practising Law Institute and The Stanford Directors’ College. Joseph is a former member of the Board of Directors of UJA-Federation of New York and a former chair of the Board of the Women’s Executive Circle.
Michael Boyle (plaintiff) entered into a contract, negotiated by attorneys for both parties, with Petrie Stores Corporation (Petrie Stores) (defendant).Stephanie Joseph is the founder and president of The Directors’ Network Inc. Since 1994, The Directors’ Network has been delivering customized in-the-boardroom programs that develop the board through interactive programs delivered by well-known experts. Joseph was the Associate General Counsel of American Express Company, where she was responsible for directing the parent company’s legal function and served as the chief in-house securities lawyer. He then built a large retail company called Petrie Stores, which operated over 1700 discount women's clothing stores under various names, Petries, Jean Nicole, Rave, Stuarts, Winklemans, Marianne's and G & G.Petrie was known for large contributions to educational and cultural institutions in New York.