Raymond Adams, Plaintiffs-Respondents v. Jersey Central Power & Light Company, Defendant-Appellant

Summary

The Supreme Court of New Jersey affirmed the trial court's summary judgment that the utility company remained liable for severance pay owed to former gas‑division employees after selling the business. The court held that the sale contract did not transfer that liability, that the employees were permanently released and thus entitled to severance under their collective bargaining agreement, and that the trial court correctly excluded parol evidence and rejected doctrines of accord, waiver, and estoppel.