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Arbitrator Awards Attorney’s Fees to Client In Severance Dispute Against Local Financial Company

Posted by Marc Smith | Nov 15, 2010 | 0 Comments

Early in March 2010, we initiated an arbitration action against a local financial firm that purchases structured settlements and lottery winnings. Our client was employed as an executive with the firm. When filed, the case was premised on the firm's anticipatory breach of a severance agreement with our client. Subsequently, the firm admitted liability and the only issue that remained was their liability for the costs of arbitration and our client's attorney's fees. Rather than settle the dispute, as it should have, the firm chose to continue the fight and cause our client to more than triple his attorney's fees. The hearing was held on November 4, 2010 and the arbitrator issued her decision several days later, holding that firm had indeed anticipatorily breached the severance agreement and awarded our client his fees and costs incurred during the arbitration.

About the Author

Marc Smith

Marc J. Smith is a Rockville, Maryland employment attorney and a founding member of the law firm formerly known as Smith, Lease & Goldstein, LLC. In 2018, after 18 years managing Smith, Lease & Goldstein, LLC's employment counseling and litigation practice, Marc launched his own boutique practice...

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Representation Of Employers And Employees

The Law Office of Marc J. Smith, LLC is a boutique employment law practice based in downtown Rockville, Maryland near the Montgomery County Circuit and District Courts. The Firm’s practice focuses exclusively in the employment law arena and provides counseling, litigation and a wide range of other employment-related services to employers and employees throughout the State of Maryland, Washington D.C. and other jurisdictions. The Firm also represents individuals who have failed to register with the Selective Service System and who are trying to apply for or maintain federal employment.

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