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Tag Archives: Severance

Labor & Employment — Breach of Contract Claim – Tort/Negligence – Breach of Fiduciary Duty Counterclaim – Hospital Merger – Former CEO (access required)

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 ...

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Real Property – Mortgages – Joint Tenancy – Severance – Tenancy in Common – First Impression (access required)

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.

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Fear of cuts leads to early departures from courts (access required)

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.

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