Partner, Paul Smith, represented a company executive in an employment dispute with a major international bank resulting in a jury verdict of over $1,000,000.
Former company executive sought to collect reimbursement of salary, raises and bonuses that were verbally promised by the company’s former CEO. Royal Bank of Scotland bought a controlling interest in the company in 2008, causing a transition of the corporate culture. Royal Bank declined to honor any promises made by the former CEO if they were not in writing. A Texas appeals court honored a judgment requiring the company to back pay salary, severance and bonuses to the former executive.