Lawyers argue over rehiring Cobb EMC’s Brown
MARIETTA — Lawyers for Cobb EMC and the plaintiffs that brought suit in 2007 argued in Cobb Superior Court on Wednesday whether former CEO Dwight Brown may accept an offer to return to the helm, and in particular, went back and forth over language in the 2008 settlement agreement that says Brown would announce his retirement by Feb. 28, 2011, “and not seek an extension of his employment.”
Judge Stephen J. Schuster did not give a timeframe for his ruling on the issue, though it is unlikely to come this week. He acknowledged that regardless of his decision, the losing side would probably appeal.
Dwight Davis, the lead attorney for the electric cooperative who asked for Schuster to decide the issue, told the court that the EMC board wants to hire Brown back as president and CEO, but without a contract. Brown instead would be an at-will employee, Davis said, and he insisted that the settlement language means only that Brown would not seek to continue his employment.
Read more at http://www.mdjonline.com/view/full_story/13320813/article-Lawyers-argue-over-rehiring-Cobb-EMC%E2%80%99s-Brown?
Georgians for Smart Energy