Massachusetts Lawyers Weekly Article "SJC reinstates $45M bad-faith judgment"

May 09, 2016

Massachusetts Lawyers Weekly

A corporate executive who accepted money from a friend’s charitable foundation to purchase company stock for himself in return for his promise to split the proceeds with the foundation when he sold it, and then repeatedly ignored requests to sell the shares, breached the implied covenant of good faith and fair dealing, the Supreme Judicial Court has ruled.

Related News

Firm News
Joseph Bierwirth named to Boston magazine's Top Lawyers List
Ryan P. McManus to Present at Tenth Annual Probate Law Conference
Firm News
Hemenway & Barnes Named among the "Best Law Firms" of 2023 by U.S. News - Best Lawyers