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ATAS/492/2004 • CJ GE ATAS/492/2004 Généré par l'IA

Director's Breach of Contract Claim for Stock Options Denied Due to Termination For Cause

Numéro de cause ATAS/492/2004
Autorité / Tribunal
Juridiction Suisse · Canton de Genève (CH-GE)
Date de la décision
Issue du litige Rejeté (Dismissed)
Ouvrir la source officielle Miroir Entscheidsuche Version Markdown lisible par machine (.md)

Synthèse Legislator

Généré par l'IA

The plaintiff, a former director, sued the entity alleging breach of contract regarding certain financial benefits, specifically stock options, due to involuntary termination without cause. The court determined that the language of the relevant agreement, specifically the definition of termination "without cause," was unambiguous and did not cover the circumstances of the director's departure as alleged by the plaintiff, concluding that the termination was for cause under the agreement's explicit terms, thus precluding the plaintiff's entitlement to the benefits claimed.

Regeste Legislator

Généré par l'IA

Art. 66 al. 1 LTF; Director's Breach of Contract Claim for Stock Options Denied Due to Termination For Cause: The court determined that the language of the relevant agreement, specifically the definition of termination "without cause," was unambiguous and did not cover the circumstances of the director's departure as alleged by the plaintiff, concluding that the termination was for cause under the agreement's explicit terms, thus precluding the plaintiff's entitlement to the benefits claimed.

Mots-clés

Généré par l'IA
résiliation de contrat indemnités chômage des dirigeants situation financière droit aux prestations responsabilité du gérant contrat d’option

Dispositions légales citées

Généré par l'IA
Art. 66 al. 1 LTF
This article governs the allocation of court costs, which was applied in the final order.
Généré par l'IA
C/3904/2002
wrongful termination of director's contract for lack of just cause
C/14287/2008
Former Director's Retaliatory Termination Claim Upheld Despite Void Initial Notice
A/3590/2017
Director Denied Unemployment Benefits Due to Continued Corporate Influence and Misrepresentation
C/27150/2015
Director Wrongful Dismissal and Expense Repayment Dispute
A/4299/2019
Former Director Entitled to Unemployment Benefits After Striking Off

Questions juridiques clés extraites par Legislator

Généré par l'IA
Art. 66 al. 1 LTF

This article governs the allocation of court costs, which was applied in the final order.

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