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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Section 213

Citation
Section 213
Parent Document
Keeney v. Hereford Concrete Products, Inc., 911 S.W.2d 622 (1995)
Jurisdiction
Missouri (state)
Effective Date
1995-12-19

Other Sections in This Document (72)

Full Text

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Stephen Hereford testified that the company terminated the payments to Keeney as a result of a gradual decline in Hereford's financial condition; however, Hereford did not offer its financial records to support this contention. Further, on October 12, 1990, twelve days prior to the decision to terminate Keeney's severance payments, Hereford entered into a settlement agreement with Baker whereby Baker agreed to take early retirement and receive $10,000 a year "retirement pay" for three years. Stephen Hereford stated the company wanted to "equalize" Keeney and Baker by doing the same thing for both of them.