Implied Covenant of Good Faith & Fair Dealing

September 13, 2020 by mjpospis

Barnes & Noble CEO May Proceed on Claim of Breach of the Covenant of Good Faith and Fair Dealing

In Parneros v. Barnes & Noble, Inc., 2020 WL 5350531 (S.D.N.Y. Sept. 3, 2020), the court denied defendant’s motion for summary judgment on plaintiff’s claim that Barnes & Noble violated the implied covenant of good faith and fair dealing by firing him mere days before the equity payment for the prior year, when he served…

$500,000 Bonus Not Obtainable Via Implied Covenant of Good Faith & Fair Dealing

In Woodard v. Reliance Worldwide Corp. (2d Cir. Sept. 3, 2020) (Summary Order), the court affirmed the dismissal of plaintiff’s claim for breach of an employment contract and the alleged entitlement to a $500,000 bonus. Here are the facts, as summarized by the court: Woodard’s employment with John Guest USA was governed by an executive…