Be sure you know what you’re giving up when signing a general release.
As Zuckerman Spaeder partner Jason Knott explains in Suits by Suits, general releases “mean what they say even if employees and employers later disagree as to whether they actually meant to give up their claims.”
Take the case of Mattatall v. Transdermal. Debourah Mattatall once owned DPM Therapeutics Corporation, which she sold to Transdermal. Knott says DPM’s minority shareholders sued her to prevent the sale,...
