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Home / Opinion Digests / Labor & Employment / Labor & Employment – Severance Agreement – Contract Acceptance – Derivative Action – Demand Futility (access required)

Labor & Employment – Severance Agreement – Contract Acceptance – Derivative Action – Demand Futility (access required)

Edwards v. PFA Architects, P.A. (Lawyers Weekly No. 020-062-17, 15 pp.) (Michael Robinson, J.) 2017 NCBC 55 Holding: Plaintiff’s employment contract provided that, upon plaintiff’s retirement, defendant PFA Architects, P.A., would, if economically feasible, provide severance benefits to plaintiff. While PFA may not have been required to agree to the proposed severance package under the terms ...

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