Prouty v. Gores Technology Group
California Court of Appeal
1Opinion of the Court
Opinion
NICHOLSON, J.
A new parent company terminated plaintiff employees upon its purchasing their employer. The employees sued, claiming the parent company violated the terms of its purchase contract with the prior parent company regarding termination of employees and severance pay. The trial court granted summary judgment against the employees, concluding they were not third party beneficiaries who could recover under the contract. We disagree and reverse.
FACTS
In April 2001, defendant Gores Technology Group (GTG) entered into a stock purchase agreement by which GTG agreed to purchase from…
2Cases cited11 opinions
- Aguilar v. Atlantic Richfield Co.California Supreme Court · 2001
- Artiglio v. Corning Inc.California Supreme Court · 1998
- National Insurance Underwriters v. CarterCalifornia Supreme Court · 1976
- Lewis v. County of SacramentoCalifornia Court of Appeal · 2001
- Gilbert Financial Corp v. Steelform Contracting Co.California Court of Appeal · 1978
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- Futurewei Technologies, Inc. v. Acacia Research Corp.Court of Appeals for the Federal Circuit · 2013
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