Ex-CFO Can't Mute Lauder Heir's Defenses, Judge Says

Law360, New York (June 12, 2012, 5:03 PM EDT) -- A New York state judge refused Tuesday to knock out defenses cited by Ronald Lauder, one of the world's richest men and son of cosmetics legend Estee Lauder, to an ex-employee's allegations that Lauder owes him a $6 million severance package.

The ex-employee, Jacob Z. Schuster, alleged in August that Lauder fired him without cause from his position of chief financial officer at RSL Management Corp., Lauder's management company, and abruptly terminated a written agreement between the two that guaranteed Schuster 10 years of severance pay...
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