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Day v. Sidley & Austin: Difference between revisions
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Latest revision as of 03:39, July 14, 2023
Day v. Sidley & Austin | |
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Date decided | April 3, 1974 |
Facts
P belonged to D law firm as a partner, but not a member of the decision-making executive committee. P was sole chairperson of D.C. office of firm. Law firm announced a potential merger, and told all partners they would be in better or as good condition after the merger as before. All partners voted to approve merger. After approval, P found that he would lose position of sole chairman, felt humiliated, and resigned.
Issues
Did the law firm breach/owe a duty to P?
Holding
There was no breach of duty nor contract by D.