CHARLOTTE (AP) North Carolina’s largest regional mental health agency has sued its former CEO to recover $1.7 million in severance pay. News outlets report Cardinal Innovations sued former CEO Richard Topping on March 26, adding that they are also seeking ...Read More »
Labor & Employment — Breach of Contract Claim – Tort/Negligence – Breach of Fiduciary Duty Counterclaim – Hospital Merger – Former CEO
Cashion v. Lexington Memorial Hospital, Inc. (Lawyers Weekly No. 14-16-0996, 17 pp.) (Robert C. Hunter, J.) Appealed from Davidson County Superior Court (Theodore Royster Jr., J.) N.C. App. Unpub. Holding: The defendant-hospitals argue on appeal that plaintiff resigned when he ...Read More »
Smith v. Dell, Inc. According to plaintiffs’ complaint, when defendant outsourced plaintiffs’ maintenance jobs to a different company and arranged for the new company to hire plaintiffs, defendant violated its severance pay policy by failing to pay plaintiffs any severance benefits. The complaint states a claim under ERISA.
Tagged with: SeveranceRead More »
Countrywide Home Loans, Inc. v. Reed Judy Reed, her husband, and her mother bought property as joint tenants with right of survivorship; however, when the mother took out a mortgage on the property, the joint tenancy was severed, and a tenancy in common was created, without the right of survivorship.Read More »
In a pre-emptive move to soften the blow of expected budget cuts, the Administrative Office of the Courts implemented a voluntary reduction-in-force earlier this month, directing hiring managers - judges, clerks and district attorneys - to offer severance packages to employees who might benefit. Mary Beth Grady (pictured), civil division chief for the Wake County Clerk of Superior Court, is among those who accepted. She said that in some ways, it wasn't a tough decision to make since she had planned on retiring soon.Read More »