The English Court of Appeals ruled that UK court has jurisdiction over UK executive’s lawsuit involving a U.S.-based stock option plan, despite the stock option plan’s clear language requiring Massachusetts choice of law and jurisdiction. Multinational companies sponsoring broad-based employee plans should be on notice that non-EU exclusive jurisdiction clauses may not be enforceable against EU-based employees.
Ruling on UK Executive’s Lawsuit Involving U.S.-Based Stock Option Plan
By Katie Clark on October 8, 2015
