Klein v. Loeb Holding Corp.
New York Supreme Court
1Opinion of the Court
OPINION OF THE COURT
Alice Schlesinger, J.
Joel Klein in 1996 began working for Opinion One as its executive director. Opinion One was succeeded by Opinion One Holding Company (Holding), and Klein, in January of 2003, signed an employment contract with it. The contract was for a term of three years but could be terminated for cause, but “cause” was not easily shown. And if Klein were to be terminated without cause, he would be entitled to a generous severance payment. This is what happened.
Klein was terminated in February of 2004 allegedly because Opinion One was “ceasing its operations”…
2Cases cited7 opinions
- Beacon Theatres, Inc. v. WestoverSupreme Court of the United States · 1959
- Morris v. New York State Department of Taxation & FinanceNew York Court of Appeals · 1993
- Cadwalader Wickersham & Taft v. SpinaleAppellate Division of the Supreme Court of the State of New York · 1991
- First Small Business Investment Corp. v. ZaretskyNew York Supreme Court · 1965
- Miller v. EpsteinAppellate Division of the Supreme Court of the State of New York · 2002
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