Articles on Severance Agreements

Are the company’s severance and settlement agreements enforceable? By Alan M. Kaplan Business Advice and Financial Planning, July 2014 The decision in EEOC v. CVS Pharmacy, Inc., which was filed in February of this year, may affect what language can be used in enforceable severance agreements.
Severance agreements do not create new debt and are valid under the Park District Code By Hon. Russell W. Hartigan & Griffen Thorne Civil Practice and Procedure, May 2014 The bottom line in Wheeling Park District v. Arnold is that although park district board members can be given broad authority—like the running of day-to-day operations or the ability to hire and fire—that authority cannot extend to binding a park district in any agreement that “creates any debt, obligation, claim or liability.”

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