Legal Opinion
Balles v. Babcock Power Inc.
Massachusetts Supreme Judicial Court
Decided March 6, 2017No. SJC 12112PublishedCited by 81 opinions
1Opinion of the CourtLenk, J.
The dispute before us chiefly concerns the meaning and application of the stockholders’ agreement between a company, Babcock Power Inc. (Babcock or company), and its former executive, Eric N. Balles. To a lesser extent, it also concerns the separate employment agreement between the two.
Babcock terminated Balles’s employment when it discovered that he was engaged in an ongoing extramarital affair with a young female subordinate. Babcock’s board of directors (board) subsequently concluded that Balles had been terminated “for cause” under the terms of his stockholders’ agreement with the…
2Cases cited27 opinions
- Donahue v. Rodd Electrotype Co. of New England, Inc.Massachusetts Supreme Judicial Court · 1975
- Noonan v. Staples, Inc.Court of Appeals for the First Circuit · 2009
- J. A. Sullivan Corp. v. CommonwealthMassachusetts Supreme Judicial Court · 1986
- Danca v. Taunton Savings BankMassachusetts Supreme Judicial Court · 1982
- Blank v. Chelmsford Ob/Gyn, P.C.Massachusetts Supreme Judicial Court · 1995
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