Jottings By An Employer's Lawyer |
Wednesday, October 17, 2007
American Employment Law More Liberal Than Europe
For more background on the dispute that was brought by Felix Palacios de la Villa after he was forced to retire from Spanish retailer Cortefiel SA when he turned 65, see the International Herald Tribune article, Court ruling upholds mandatory retirement in Europe. One caveat of the ruling — it is necessary to also provide adequate provisions for retirees. This ruling must be particularly painful to those remaining partners at Sidley, Austin who have recently agreed to not only give up their mandatory retirement requirement, but also kick in $27.5 million to some former partners. See the EEOC press release here. Labels: age
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