Legal Opinion
Sealock v. Texas Federal Savings & Loan Ass'n
Texas Supreme Court
Decided June 15, 1988No. C-7026PublishedCited by 19 opinions
1Opinion of the Court
ON MOTION FOR REHEARING
SPEARS, Justice.
We grant in part Texas Federal Savings & Loan Association’s motion for rehearing, withdraw our opinion and judgment delivered April 27, 1988, and substitute the following:
This case concerns the interpretation of a “golden parachute” provision in an employment contract. Petitioner Glenn D. Seal-ock entered into a written employment agreement with respondent Texas Federal Savings & Loan Association. The agreement contained a provision commonly referred to as a “golden parachute,” which guaranteed Sealock certain severance benefits if Sealock was fired…
2Cases cited6 opinions
- Sun Oil Co. (Delaware) v. MadeleyTexas Supreme Court · 1981
- Wolgin v. SimonCourt of Appeals for the Eighth Circuit · 1983
- Koenings v. Joseph Schlitz Brewing Co.Wisconsin Supreme Court · 1985
- Buckhorn, Inc. v. Ropak Corp.District Court, S.D. Ohio · 1987
- Texas Federal Savings & Loan Ass'n v. Sealock, Texas Court of Appeals, 5th District (Dallas)1987
1 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Loy v. Harter, Texas Court of Appeals, 6th District (Texarkana)2004
- Qwest Microwave, Inc. v. Bedard, Texas Court of Appeals, 5th District (Dallas)1988
- Resource Savings Ass'n v. Neary, Texas Court of Appeals, 5th District (Dallas)1989
- Rio Grande Valley Gas Co. v. City of Edinburg, Texas Court of Appeals, 13th District2000
- Texmarc Conveyor Co. v. ArtsCourt of Appeals of Texas · 1993
14 more not listed; retrieve them via the Exa API.