#8 - $4 million

By Sarah Rodriguez
Published: January 16, 2008

The United Company v. Keenan

Type of Case: Oral contract

Court: U.S. District Court, Abingdon

Attorneys: W. David Paxton, Roanoke; Thomas F. Cullen, Washington, DC

Summary: The United Company contended that Jeffrey J. Keenan, its former president and chief operating officer, should repay a $10 million bonus because he was required to remain with the company for five years after receiving the money, and he left less than 18 months later.

The case was settled earlier this month under confidential terms.


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