If you haven’t had enough of the AIG bonuses controversy, here is a post by Andis Kaulins from the LawPundit discussing the legal theory of unconscionability applied to the AIG employment contracts.
We were surprised to learn that the standard AIG Employee Retention Plan (Bonus Contract) posted here by The New York Times contains no arbitration clauses. Also, here is a recent post from the ABA Law Journal. And here is yet another article from the American Lawyer about AIG’s counsel advise on the bonus legal obligations.
It took us a while to blog on this story because at Disputing, like President Obama, we like to know what we are talking about before we speak…
- Technorati Tags: Arbitration, ADR, Law, Unconscionable Contracts, Barack Obama Press Conference March 24″ target=”_blank”>Barack Obama Press Conference March 24
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