Further to our previous article, which can be found here, we consider the key issues with which the Court faced, the technical legal analysis underpinning this judgment and our view on what this may mean for energy suppliers, and the sector as a whole, looking forward.
Background - what was the application and why was it needed?
United Kingdom, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Womble Bond Dickinson (UK) LLP, Office of Gas and Electricity Markets (UK)
At first glance, Stanziale v. MILK072011, looks like someone suing over a bad expiration date and conjures up images of Ron Burgundy proclaiming “milk was a bad choice.” But in actuality Stanziale is much more interesting: it answers whether one can breach their fiduciary duty by exposing an employer to a claim under the aptly-named WARN Act, which requires employers to tip off their workers to a possible job loss.
USA, Company & Commercial, Insolvency & Restructuring, Litigation, Mintz, Breach of contract, Fiduciary, Worker Adjustment and Retraining Notification Act 1988 (USA)