Day v. Sidley & Austin
|Day v. Sidley & Austin|
Facts: P belonged to D law firm as a partner, but not a member of the decision-making executive committee. P was sole chairperson of D.C. office of firm. Law firm announced a potential merger, and told all partners they would be in better or as good condition after the merger as before. All partners voted to approve merger. After approval, P found that he would lose position of sole chairman, felt humiliated, and resigned.
Holding: There was no breach of duty nor contract by D.