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Case offers lessons on executive employment terminations

Corporate directors and management are accustomed to broad discretion in governing a company’s internal affairs, but Balles v. Babcock Power, Inc., 476 Mass. 565 (2017), is a cautionary tale that urges restraint when the issue involves interpreting employment contracts and cancelling benefits that exceed harm caused by employee misconduct. In a decision that may seem paradoxical, ...

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