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Article: Biz in the AEBurbs and beyond.(Business)
- Article from:
- Daily Herald (Arlington Heights, IL)
- Article date:
- September 19, 2009
CopyrightCOPYRIGHT 2009 Paddock Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mercury Marine sues Brunswick
LAKE FOREST u About 100 Mercury Marine managers are suing its parent company over unpaid bonuses. The managers want $7 million in promised bonuses, plus punitive damages for a total of $10.5 million. The lawsuit says top Mercury executives set up a cost-savings plan in April 2008 that promised managers 10 percent of whatever savings were achieved. As a result of cost reductions, the managers were due $7 million. But, in December the company decided not to pay the bonuses. An affidavit seeking to move the case to federal court in Green Bay says about 70 percent of the managers live in Wisconsin. Mercury Marine released a statement ...
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...Continental Towers is planning to fill the last undeveloped ... purchase 20 vacant acres east of Continental Towers from Weber Realty for an undisclosed ... in one of those suites." The Continental Towers project could also spur redevelopment ...
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