Ingle v. Glamore Motor Sales, Inc. case brief summary
535 N.E.2d 1311 (N.Y. 1989)
CASE FACTS
A former employee filed suit in two separate actions against a car company and its owners, alleging that he had been improperly terminated in violation of duties of good faith and fair dealing and claiming breach of fiduciary duties and wrongful interference with his employment.
DISCUSSION
CONCLUSION
The order of the lower court was affirmed, with costs awarded to car company and owners.
Recommended Supplements for Corporations and Business Associations Law
535 N.E.2d 1311 (N.Y. 1989)
CASE SYNOPSIS
Appellant former employee filed suit
against appellees, car company and its owners, alleging breach of
good faith and fair dealing, breach of fiduciary duties, wrongful
interference with employment, and wrongful termination. After
judgment largely for appellees was affirmed by the Appellate Division
of the Supreme Court in the Second Judicial Department (New York),
appellant sought review.CASE FACTS
A former employee filed suit in two separate actions against a car company and its owners, alleging that he had been improperly terminated in violation of duties of good faith and fair dealing and claiming breach of fiduciary duties and wrongful interference with his employment.
DISCUSSION
- The court found that:
- (1) the term of employment had not been definite and therefore the employment had been at will,
- (2) a contractual agreement to the repurchase upon termination for any reason of the shares in the company owned by the former employee barred him from receiving any rights against at-will discharge,
- (3) the payment given to the former employee for his shares in the company had been fair value,
- (4) therefore there had been no breach of fiduciary duties or wrongful interference with employment in the termination.
CONCLUSION
The order of the lower court was affirmed, with costs awarded to car company and owners.
Recommended Supplements for Corporations and Business Associations Law
No comments:
Post a Comment