{"id":15221,"date":"2010-04-21T06:26:10","date_gmt":"2010-04-21T10:26:10","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=15221"},"modified":"2010-04-21T06:26:10","modified_gmt":"2010-04-21T10:26:10","slug":"jpmorgan-sued-by-fund-manager-for-31-million-over-spinout-pact","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2010\/jpmorgan-sued-by-fund-manager-for-31-million-over-spinout-pact.html","title":{"rendered":"JPMorgan Sued by Fund Manager for $31 Million Over Spinout Pact"},"content":{"rendered":"<p>BusinessWeek &#8211; A JPMorgan Chase &amp; Co. subsidiary was sued by a  former employee who said the bank fired him without cause and breached a  spinout agreement that allowed him to leave with the private equity  team and platform he managed.<\/p>\n<p>Varun Kumar Bery, former head of JPMorgan\u2019s  Private Capital Asia unit, filed the complaint on Monday against his  former employer in Hong Kong\u2019s Court of First Instance claiming damages  \u201cin the region of US$30.8 million.\u201d JPMorgan spokeswoman Marie Cheung  declined to comment on the matter.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2010-04-21\/jpmorgan-sued-by-fund-manager-for-31-million-over-spinout-pact.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek &#8211; A JPMorgan Chase &amp; Co. subsidiary was sued by a former employee who said the bank fired him without cause and breached a spinout agreement that allowed him to leave with the private equity team and platform he [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-15221","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=15221"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15221\/revisions"}],"predecessor-version":[{"id":15222,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15221\/revisions\/15222"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=15221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=15221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=15221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}