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When an employer offers you a severance agreement, it may seem like a generous gesture—but it can also carry important legal implications. At‑will employment is the default in Massachusetts, meaning employers are not required to offer severance pay. Yet once offered, a severance agreement becomes a binding legal contract. Understanding what it is, what to watch out for, and how Massachusetts
The U.S. District Court for the District of Massachusetts has refused to reform a severance agreement entitling former executive to a $10.2 million severance payment, finding that the employer failed to establish the existence of a mutual mistake as to the severance payment amount. United States District Court of Massachusetts SUMMARY: (court decision – opens in PDF) “Dahua Technology USA Inc.
Massachusetts court finds employer mistake in severance agreement entitles employee to substantial severance payments. United States District Court District of Massachusetts SUMMARY: (court decision – opens in PDF) “Dahua Technology USA Inc. (‘Dahua’), a subsidiary of Zhejiang Dahua Technology Co., Ltd. (‘Zhejiang’), brought this action against Feng Zhang to reform an agreement terminating Zhang’s executive-level position at Zhejiang (the ‘Release
When an employer offers you a severance agreement, it may seem like a generous gesture—but it can also carry important legal implications. At‑will employment is the default in Massachusetts, meaning employers are not required to offer severance pay. Yet once offered, a severance agreement becomes a binding legal contract. Understanding what it is, what to watch out for, and how Massachusetts
The U.S. District Court for the District of Massachusetts has refused to reform a severance agreement entitling former executive to a $10.2 million severance payment, finding that the employer failed to establish the existence of a mutual mistake as to the severance payment amount. United States District Court of Massachusetts SUMMARY: (court decision – opens in PDF) “Dahua Technology USA Inc.
Massachusetts court finds employer mistake in severance agreement entitles employee to substantial severance payments. United States District Court District of Massachusetts SUMMARY: (court decision – opens in PDF) “Dahua Technology USA Inc. (‘Dahua’), a subsidiary of Zhejiang Dahua Technology Co., Ltd. (‘Zhejiang’), brought this action against Feng Zhang to reform an agreement terminating Zhang’s executive-level position at Zhejiang (the ‘Release
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