When employment is promised orally for months and then the offer is rescinded, can the employer be liable for damages even though a contract was never signed?

Some attorneys contend the state Supreme Court’s ruling earlier this year in Goldfarb v. Soliminein which the plaintiff claimed promissory estoppel after the defendant backed out of a verbal contract to hire him as a financial adviser to handle his family’s extensive investment portfolio, sends a clear message.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]