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Taking a second look at your buy-sell agreement
June / July 2013
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 1055
Abstract: Should an owner leave the company, conflicts can occur. For this reason, every business with multiple owners should have a buy-sell agreement in place. But that’s not enough; the agreement also needs to be kept up to date. This article describes the general aim of a buy-sell agreement and the events that can trigger it. It then discusses the different types of agreements and how to fund them. A sidebar looks at the tax quandaries of buy-sell agreements for C corporations.
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What did he say? — ADEA decision centers on employee’s alleged repeated verbal abuse
March / April 2012
Newsletter: Employment Law Briefing
Price: $225.00, Subscriber Price: $157.50
Word count: 1055
Abstract: When a 65-year-old employee resigned after alleged repeated age-related abuse, he filed suit, claiming a hostile work environment. However, this type of claim isn’t addressed in the Age Discrimination in Employment Act (ADEA), and the Fifth Circuit had never before held that Title VII could be used to address a claim of hostile work environment based on age. Nevertheless, the court held that a "plaintiff’s hostile work environment claim based on age discrimination under the ADEA may be advanced in this court." This article explains the court’s reasoning, while a sidebar shows why the court also concluded that the plaintiff had valid grounds for his "constructive discharge" claim. Citation: Dediol v. Best Chevrolet, Inc., No. 10-3076, Sept. 12, 2011 (5th Cir.). Crawford v. Medina General Hospital, No. 95-3243, Sept. 24, 1996 (6th Cir.)