0062 9121 65
0062 9121 65 (Jan. 21, 2022) — Although the claimant was removed as President just prior to the sale of a profitable business, the record showed that he had to sign off on the transfer and received sizeable compensation in the weeks prior to the sale. Held he voluntarily caused his own unemployment and was ineligible for benefits pursuant to G.L. c. 151A, § 25(e)(1).
0015 9635 27
0015 9635 27 (Dec. 24, 2015) — A claimant, the owner of a corporation which is also her employer, who shows that the corporation was losing money, had large outstanding debts, and could not secure a loan or further financing to keep the business going, has carried her burden to show that it was financially necessary to close the business down and that she separated involuntarily under G.L. c. 151A, § 25(e).
BR-117413-CTRM
BR-117413-CTRM (Aug. 25, 2011) — A majority of the Board concluded that the claimant, the president and partial owner of two corporations, was not entitled to benefits under the doctrines set forth under White or State Street Bank. Unlike the claimant in White, who was a low-level employee with no control over his pending layoff, and the claimants in State Street, who had no information to assess their vulnerability to layoff, the claimant had complete information and control over his separation from employment. [Note: The District Court affirmed the Board of Review.]
BR-109426-CTRM
BR-109426-CTRM (April 7, 2009) — Sole shareholder of a closely held corporation was not eligible for benefits, because the business remained profitable. Claimant chose to shut it down in the face of an increasingly competitive market, but there was no evidence that he was compelled to do so by economic circumstances.