Labor Dispute over Deferred Cash Award Recovery

28.06.2016, Marina V. Abramova, Kristina V. Timoshenko
Labor Dispute over Deferred Cash Award Recovery
A top manager of a  large bank after his resignation negotiated with the employer filed a lawsuit for recovery from the employer of a deferred cahs award in an amount exceeding 10 mln rubles.

The court dismissed the claim having  agreed with the position of the employer who contended that the claimed amount was a rewarding incentive and was not  binding. The respondent also made a statement about expiry of the limitation period for filing the lawsuit. This argument was also considered and supported by the court in course of the litigation.

The employer was represented by AGP attorneys Marina Abramova and Kristina Timoshenko.

Labor Law