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CARTER v. WARREN FIVE CENTS SAVINGS BANK

409 Mass. 73 (1991)

564 N.E.2d 579

RICHARD P. CARTER vs. WARREN FIVE CENTS SAVINGS BANK.

Supreme Judicial Court of Massachusetts, Essex.

January 9, 1991.

Attorney(s) appearing for the Case

Richard L. Neumeier (Paul M. Moretti with him) for the plaintiff.

Wilfred J. Benoit, Jr. (Daniel R. Deutsch with him) for the defendant.

Present: LIACOS, C.J., WILKINS, ABRAMS, NOLAN, & O'CONNOR, JJ.

WILKINS, J.

The plaintiff (Carter), a former vice-president of the defendant (Warren Five), seeks recovery under a June 23, 1986, severance agreement between Carter and the Beverly Savings Bank (Beverly). On August 1, 1988, Warren Five acquired Beverly by merger and thereby assumed Beverly's obligations to Carter, who had been the senior vice-president of Beverly. Following the merger, Warren Five proposed to adjust Carter's responsibilities. Carter claims that changes...

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