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Home / Opinion Digests / Contract – Oral Employment Contract – Incentive Bonus – Statute Of Frauds (access required)

Contract – Oral Employment Contract – Incentive Bonus – Statute Of Frauds (access required)

A former executive for a multi-million dollar, two-shareholder company in southwest Virginia, whose early efforts to sell off certain operations resulted in $175 million cash dividends to each of the two shareholders, faces trial of the company's suit seeking return of a $10 million incentive bonus paid to the executive alleging the executive's premature departure ...

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