The lawsuit arose from an article in the magazine alleging that Butts and Alabama head coach Bear Bryant had conspired to fix games.
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The decision held that, while news organizations were protected from liability when printing allegations about public officials under the Supreme Court's New York Times Co. v. Sullivan decision (1964), they may still be liable to public figures if the information they disseminate is recklessly gathered and unchecked.
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Over the years, Butts has built pragmatic relationships across party lines in the city and state, including with former Governor George Pataki, to turn ADC into an economic engine.
Mr. Butts was also a pseudonym (inspired by the Doonesbury character) of a then-anonymous informant who in 1995 sent 4,000 pages of incriminating Brown & Williamson tobacco company documents to researcher Stanton Glantz.
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Mr. Butts is sometimes accompanied by Mr. Jay, a large marijuana joint, along with Dum Dum (a personification of the NRA), and Mr. Suds (a personification of the liquor industry).