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WILLIS RE INC. v. HEARN

CIVIL ACTION NO. 16-213.

200 F.Supp.3d 540 (2016)

WILLIS RE INC. v. Peter C. HEARN, et al.

United States District Court, E.D. Pennsylvania.

Signed August 3, 2016.

Attorney(s) appearing for the Case

Caitlin P. Strauss, Saul Ewing, LLP, Philadelphia, PA, Edward J. Baines, Gary B. Eidelman, Saul Ewing LLP, Baltimore, MD, for Willis Re Inc.

Laurence S. Shtasel, Jeffrey N. Rosenthal, Blank Rome `Comisky & McCauley LLP, Philadelphia, PA, for Peter C. Hearn, et al.

MEMORANDUM

A chief executive officer leaving his long-time employer for a competitor now seeks to avoid his agreement to repay a portion of a conditional $1.75 million incentive award because the governing award agreement allows him to retain the award if he retires under a written retirement...

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