QUESTION
Do an Employer still have to pay earned bonuses after discharging an employee after a merger. .
Asked on Nov 23rd, 2014 on Employment Contracts - New Jersey
More details to this question:
I was discharged from a company on 3/18/14. Prior to that discharge the company was brought out by another company & the deal was finalized on 3/15/14. Due to this buy-out I was originally told that I would receive all management bonus from previous earned years totaling $16,000 as a lump sum payout due to the company being sold. After I was discharged, again after this buy-out, I was told that I was no longer eligible because I was no longer employed with the new company.
1 ANSWER
Criminal Defense Attorney serving Toms River, NJ
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Edward J. Dimon
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we would review the employment contract and the circumstances surrounding the sale of the company and your termination to determine the legal merits of your position. we would provide you with a written legal opinion regarding the merits of your position and the costs to litigate same. you would then have a clear picture. the costs for this review and reserach and written legal opinion would be $1500. you would then know that the analysis was done properly. Ed Dimon 732-797-1600 Please call.
Answered on Nov 24th, 2014 at 8:14 AM