Zebeck V. Metris Companies: A Cautionary Tale
In Zebeck v. Metris Companies Inc., (No. A07-0756) (Minn. Ct. App. 2008), the Minnesota Court of Appeals affirmed a $33 million jury verdict and an $11 million attorney fee award in a case involving a terminated executive’s right to severance under a change in control agreement.
The court affirmed this large verdict despite the fact that the executive was terminated approximately three years before a change in...
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