Tag Archives: executive employment contract

Michigan Experiments with Business Courts

It is not often that the legal system and innovation are used (positively) in the same sentence. However, Michigan has implemented a statewide innovative “business court” system to handle legal disputes that fall into a number of categories associated with business matters. I’m currently sitting in Wayne County Circuit Court’s Business Court for a breach … Continue Reading

Carefully Defining “For Cause” Termination in Employment Contract Critical to Avoid Paying for Misconduct

The apparent resume fraud by Yahoo’s former CEO Scott Thompson is grabbing headlines after he became the most recent departure through Yahoo’s CEO revolving door; He was the fourth CEO to step down in five years. But the real expensive lesson that companies should study from this embarrassment is how to carefully draft executive employment … Continue Reading