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Business Assoctiations Keyed to Gabalson, 3rd Ed.
Cadwalader, Wickersham & Taft v. Beasley
Citation:
728 So. 2d 253 (1998)Facts
In 1989, James Beasley laterally transferred to become a partner at Cadwalader, Wickersham & Taft in its Palm Beach office. By 1994, the Palm Beach office was operating at a loss and experiencing internal discord. The firm’s management committee began discussing the termination of up to 30 partners nationwide, including all Palm Beach partners. On August 30, 1994, CW&T announced its decision to close the Palm Beach office by year-end. After Beasley obtained a legal opinion that CW&T lacked authority to expel him under the partnership agreement, the firm offered him relocation to New York or Washington, D.C., or a severance package. Beasley, who had practiced in South Florida for 22 years with an established client base, rejected these options as impractical. After failed settlement negotiations, Beasley sued the firm on November 9, 1994. The next day, CW&T sent Beasley a letter ordering him to vacate the premises and prohibiting him from representing himself as associated with the firm.
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