Blogs > Transitions in Employment

Donald Drapkin

Jan 30, 2012

Jury Decides in Drapkin’s Favor in Quarrel Over Severance Payment

The jury’s decision in favor of Donald Drapkin, former employee of MacAndrews and Forbes, highlights the nuances of contract language – distinctions between substantial performance and material breach.  To avoid cases like these, why not allow for a reasonable period within which to return company property, and not penalize the employee if items are discovered months if not years after the severance has been paid, provided good faith can be shown on the employee’s part. » Read More

Jan 25, 2012

IN THE NEWS: What’s the Impact of Compliance with Post-Employment Obligations on Severance Agreements?

What does the dispute between MacAndrews & Forbes and Donald Drapkin, its former Vice Chairman, indicate to other executives who sign severance agreements? That company property should be returned and confirmation of such return should be obtained by the executive, that companies should have solid procedures in place to monitor the possession of confidential information by employees, and that post-employment obligations are enforceable — depending on how they are drafted and the particular facts of the case. » Read More