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Court declines to apply ‘bona fide executive’ exception to former in-house counsel

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 4 2009

Certain companies have mandatory retirement policies that apply to senior executives who meet the requirements of the "bona fide executive" exemption under the Age Discrimination in Employment Act ("ADEA"

Delaware Court of Chancery tackles issue of first impression and rules that stock option backdating violates a director’s fiduciary duty of loyalty

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • October 9 2007

In Ryan v. Gifford, 918 A.2d 341 (Del. Ch. 2007), the Delaware Court of Chancery addressed a novel issue of Delaware law: whether backdating stock option grants violates one or more fiduciary duties

New Jersey whistleblower protection may be extended to independent contractors

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • September 18 2007

The New Jersey Supreme Court recently issued decisions in D’Annunzio v. Prudential Ins. Co. and Stomel v. City of Camden, two highly anticipated rulings regarding who may sue under the Conscientious Employee Protection Act (“CEPA” or the “Act”), New Jersey’s whistleblower statute