RCT Wins Arbitration Against KeyCorp

An Ohio arbitrator has ruled in favor of RCT’s client, a former KeyCorp employee, in an arbitration against KeyCorp. The arbitrator held that the employee’s separation agreement, in which he purported to waive all claims against KeyCorp, was void for lack of consideration. As a result of the arbitration victory, RCT is now proceeding with a multimillion-dollar breach-of-contract claim against KeyCorp in Texas federal court.

Prior results do not guarantee a similar outcome.