Questrom v. Federated Department Stores, Inc.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION
KAPLAN, District Judge.
This is an action by Allen Questrom, former chief executive officer of Federated Department Stores, Inc. (“Federated”), to recover incentive compensation allegedly due him under his employment contract.
Briefly stated, the contract gave Ques-trom the right to a percentage of the increase in the appreciation in the equity value of the company, as determined by an investment banking firm chosen by Federated, over a defined period. The $16 million so determined has been paid to Ques-trom, who nevertheless contends that the investment banker’s determination…
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- In Re the Arbitration Between Kornit & Plainview-Old Bethpage Central School DistrictNew York Court of Appeals · 1980
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- Questrom v. Federated Department Stores, Inc.Court of Appeals for the Second Circuit · 2001
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