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Court correctly ruled man with terminated employment contract could retire

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An employment contract between a certified public accountant and his employer did not prohibit the CPA from retiring from his position after the company announced it would not be renewing his contract, the Indiana Court of Appeals concluded Wednesday.

Bruce Buchan, who worked as a CPA for an independent accounting firm, had performed services for Dennis Tippmann Sr. and his son. Later, the Tippmanns decided to hire Buchan to work for Cherokee Family Limited, various business entities owned by the Tippmann family.

Buchan began working in 2005 for the company, but an employment contract wasn’t signed until December 2007. The terms of the contract said Buchan would work for five-year periods, with either party able to not renew the contract by providing a 90-day written notice prior to the expiration of the current term. The contract was made retroactive so that Buchan’s first five-year term would expire Dec. 31, 2010. In September 2010, Cherokee informed Buchan it would not renew his contract. Buchan in October informed the company he would be retiring effective Dec. 31, 2010. Cherokee sent a letter to him saying it did not recognize his ability to retire after receipt of the notice of non-renewal and the company considered him to be employed on Dec. 31, 2010.

Buchan sued, alleging he did not receive timely compensation for accrued paid vacation days and the company breached the contract by not paying him the remaining portion of his bonus upon retirement. Cherokee counterclaimed alleging, among other things, breach of duty of loyalty and  breach of contract. Buchan filed for partial summary judgment on the issue of whether he could retire; the trial court ruled in his favor.

On interlocutory appeal in Cherokee Air Products, Inc., Cherokee Family Limited Partnership, Tippmann Industrial Products, Inc., Dennis Tippmann, Sr. Family Partnership, LLP, and Tippmann Farms, LLC v. Bruce E. Buchan, 02A05-1312-PL-635, the Court of Appeals affirmed.

“The trial court correctly concluded that Buchan was entitled to retire. …According to the terms of the contract, that notice merely notified Buchan that his contract would not be renewed at the end of the year for an additional term. The notice of non-renewal did not affect Buchan’s employment status for the remainder of the contract term. He remained employed under the contract, with all its rights and obligations until the term expired. Had Cherokee wished to terminate Buchan’s employment, Paragraph 4 was the appropriate provision in that circumstance. It is uncontradicted that Buchan was still employed and continued to work for Cherokee until the end of business on December 30, 2010,” Senior Judge William Garrard wrote.
 

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  1. Can I get this form on line,if not where can I obtain one. I am eligible.

  2. What a fine example of the best of the Hoosier tradition! How sad that the AP has to include partisan snark in the obit for this great American patriot and adventurer.

  3. Why are all these lawyers yakking to the media about pending matters? Trial by media? What the devil happened to not making extrajudicial statements? The system is falling apart.

  4. It is a sad story indeed as this couple has been only in survival mode, NOT found guilty with Ponzi, shaken down for 5 years and pursued by prosecution that has been ignited by a civil suit with very deep pockets wrenched in their bitterness...It has been said that many of us are breaking an average of 300 federal laws a day without even knowing it. Structuring laws, & civilForfeiture laws are among the scariest that need to be restructured or repealed . These laws were initially created for drug Lords and laundering money and now reach over that line. Here you have a couple that took out their own money, not drug money, not laundering. Yes...Many upset that they lost money...but how much did they make before it all fell apart? No one ask that question? A civil suit against Williams was awarded because he has no more money to fight...they pushed for a break in order...they took all his belongings...even underwear, shoes and clothes? who does that? What allows that? Maybe if you had the picture of him purchasing a jacket at the Goodwill just to go to court the next day...his enemy may be satisfied? But not likely...bitterness is a master. For happy ending lovers, you will be happy to know they have a faith that has changed their world and a solid love that many of us can only dream about. They will spend their time in federal jail for taking their money from their account, but at the end of the day they have loyal friends, a true love and a hope of a new life in time...and none of that can be bought or taken That is the real story.

  5. Could be his email did something especially heinous, really over the top like questioning Ind S.Ct. officials or accusing JLAP of being the political correctness police.

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