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Settlement Reached In Ganiard v. KI/Resch Lawsuit
10.1.09 | Green Bay, WI | The ongoing legal dispute between Rod
Ganiard, KI and Dick Resch was resolved today as legal teams representing both
parties agreed to a settlement. The agreement was reached shortly after Brown
County Circuit Court Judge Kendall Kelley ruled on August 18, 2009 that
Ganiard’s salacious claims against KI and its
CEO, Dick Resch, were invalid and would not be considered at trial.
“From day one, KI and Mr. Resch have maintained that this was a simple contract dispute,” said Joe Burkard, vice president of corporate communications, KI. “We’re pleased that the terms of the settlement agreement validate our position. In the end, the settlement is consistent with the severance package that was part of Mr. Ganiard’s original employment agreement, which KI has been ready to pay all along.”
“At KI, we believe contracts have meaning; we live up to them,” Burkard said. “Neither threats nor salacious accusations will make us waiver from our stance. From the start, this case has been a misuse of the legal system. But we hope it serves notice that it’s not always a good idea to run off and hire an attorney in search of a windfall payday. KI and Mr. Resch will defend themselves vigorously against baseless lawsuits and will not back down.”
KI manufactures innovative furniture and movable wall system solutions for education, healthcare, government and corporate markets. The employee-owned company is headquartered in Green Bay, Wis. and operates sales offices and manufacturing facilities in the United States, Canada, Latin America, Europe and Asia. KI tailors products and service solutions to the specific needs of each customer through its unique design and manufacturing philosophy. For more information, visit Comment | Categories: Mfg. & Distr.
“From day one, KI and Mr. Resch have maintained that this was a simple contract dispute,” said Joe Burkard, vice president of corporate communications, KI. “We’re pleased that the terms of the settlement agreement validate our position. In the end, the settlement is consistent with the severance package that was part of Mr. Ganiard’s original employment agreement, which KI has been ready to pay all along.”
“At KI, we believe contracts have meaning; we live up to them,” Burkard said. “Neither threats nor salacious accusations will make us waiver from our stance. From the start, this case has been a misuse of the legal system. But we hope it serves notice that it’s not always a good idea to run off and hire an attorney in search of a windfall payday. KI and Mr. Resch will defend themselves vigorously against baseless lawsuits and will not back down.”
KI manufactures innovative furniture and movable wall system solutions for education, healthcare, government and corporate markets. The employee-owned company is headquartered in Green Bay, Wis. and operates sales offices and manufacturing facilities in the United States, Canada, Latin America, Europe and Asia. KI tailors products and service solutions to the specific needs of each customer through its unique design and manufacturing philosophy. For more information, visit Comment | Categories: Mfg. & Distr.
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