Arbitration; Executive Compensation; Employment Contract
On the eve of the trial of a bitter dispute between the president of a family-owned corporation and the shareholders/owners concerning the president's claimed entitlement to a percentage of profits amounting to several million dollars, the Presiding Judge, at the request of all the attorneys involved, referred the case to Keegan Federal for arbitration. After two days of evidence and argument, a 20-page decision was rendered by Keegan, supported by specific findings of fact and conclusions of law, and his decision was adopted and approved by the Court.
