{"id":3530,"date":"2023-01-27T23:42:26","date_gmt":"2023-01-27T23:42:26","guid":{"rendered":"https:\/\/riad-riad.com\/?p=3530"},"modified":"2023-01-28T00:43:31","modified_gmt":"2023-01-28T00:43:31","slug":"riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo","status":"publish","type":"post","link":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/","title":{"rendered":"Riad &#038; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO"},"content":{"rendered":"\n<p>Riad &amp; Riad scored a favourable court judgment for a leading airline company in a dispute against its chief financial officer (CFO).<\/p>\n\n\n\n<p>The judgment was issued by the Egyptian Court of Cassation setting out a number of noteworthy principles regarding the seriousness of the violation which justifies disciplinary termination and the entitlement of End of Service (EOS) and other benefits.<\/p>\n\n\n\n<p>The judgment established the following important principles:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Standard of care for a senior management position<\/em><\/strong><\/h3>\n\n\n\n<ul>\n<li>A CFO is sensitive position in the company, and it entails high level of accuracy, loyalty and fiduciary liability.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>A manipulation by the CFO of a company\u2019s policy &#8211; by presenting incorrect personal data &#8211; constitutes a breach of trust regardless of the value of the financial benefit gained because of the violation. Therefore, terminating the CFO \u2013 as a result of such breach &#8211; was justified and hence the CFO is not entitled to compensation for unfair dismissal.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Who is entitled to receive EOS?<\/em><\/strong><\/h3>\n\n\n\n<ul>\n<li>Employees who were terminated due to breach of fiduciary duty shall not benefit from the Company\u2019s EOS scheme which is meant to be a gratuity payment to loyal employees.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Rule of Ex Turpi Causa non Oritur Actio<\/em><\/strong><\/h3>\n\n\n\n<p>The basic rule of <em>Ex Turpi Causa non Oritur Actio<\/em> still in force, no one can benefit from its own wrong. Pursuant to this principle, the court said that the CFO is not entitled to receive the balance of accrued annual leaves given that she was in charge of implementing and supervising the Company\u2019s annual leave policy and therefore was able to manipulate the rules for her own benefit.<\/p>\n\n\n\n<p>The court case was handled by our Partner <a href=\"https:\/\/riad-riad.com\/attorney\/dr-eman-riad\/\"><strong>Dr. Eman Riad<\/strong><\/a>, together with <a href=\"https:\/\/riad-riad.com\/attorney\/omayma-ragab\/\">Omayma Ragab<\/a> and <a href=\"https:\/\/riad-riad.com\/attorney\/ahmed-waheed\/\">Ahmed Waheed<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riad &amp; Riad scored a favourable court judgment for a leading airline company in a dispute against its chief financial officer (CFO). The judgment was issued by the Egyptian Court of Cassation setting out a number of noteworthy principles regarding the seriousness of the violation which justifies disciplinary termination and the entitlement of End of &#8230; <a title=\"Riad &#038; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO\" class=\"read-more\" href=\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\" aria-label=\"More on Riad &#038; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":3538,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,6],"tags":[181,32,209,212,37,208,207,210,211],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Riad &amp; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO - riad-riad.com<\/title>\n<meta name=\"description\" content=\"Riad &amp; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO Publications\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Riad &amp; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO - riad-riad.com\" \/>\n<meta property=\"og:description\" content=\"Riad &amp; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO Publications\" \/>\n<meta property=\"og:url\" content=\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\" \/>\n<meta property=\"og:site_name\" content=\"riad-riad.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-27T23:42:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-28T00:43:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fatma Salah\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fatma Salah\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\"},\"author\":{\"name\":\"Fatma Salah\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/person\/f98a705747188360783a8f6445a39047\"},\"headline\":\"Riad &#038; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO\",\"datePublished\":\"2023-01-27T23:42:26+00:00\",\"dateModified\":\"2023-01-28T00:43:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\"},\"wordCount\":299,\"publisher\":{\"@id\":\"https:\/\/riad-riad.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg\",\"keywords\":[\"Annual leave\",\"employment\",\"EOS\",\"fiduciary liability\",\"labor\",\"management\",\"managers\",\"senior management\",\"standard of care\"],\"articleSection\":[\"News\",\"Publications\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\",\"url\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\",\"name\":\"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO - riad-riad.com\",\"isPartOf\":{\"@id\":\"https:\/\/riad-riad.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg\",\"datePublished\":\"2023-01-27T23:42:26+00:00\",\"dateModified\":\"2023-01-28T00:43:31+00:00\",\"description\":\"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO Publications\",\"breadcrumb\":{\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage\",\"url\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg\",\"contentUrl\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg\",\"width\":1080,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/riad-riad.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Riad &#038; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/riad-riad.com\/#website\",\"url\":\"https:\/\/riad-riad.com\/\",\"name\":\"riad-riad.com\",\"description\":\"Just another WordPress site\",\"publisher\":{\"@id\":\"https:\/\/riad-riad.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/riad-riad.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/riad-riad.com\/#organization\",\"name\":\"Riad & Riad\",\"url\":\"https:\/\/riad-riad.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png\",\"contentUrl\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png\",\"width\":512,\"height\":512,\"caption\":\"Riad & Riad\"},\"image\":{\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/person\/f98a705747188360783a8f6445a39047\",\"name\":\"Fatma Salah\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7206cfb11b96fd5e380bad8e99a18316?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7206cfb11b96fd5e380bad8e99a18316?s=96&d=mm&r=g\",\"caption\":\"Fatma Salah\"},\"url\":\"https:\/\/riad-riad.com\/author\/fatmasalah\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO - riad-riad.com","description":"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO Publications","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/","og_locale":"en_US","og_type":"article","og_title":"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO - riad-riad.com","og_description":"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO Publications","og_url":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/","og_site_name":"riad-riad.com","article_published_time":"2023-01-27T23:42:26+00:00","article_modified_time":"2023-01-28T00:43:31+00:00","og_image":[{"width":1080,"height":1080,"url":"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg","type":"image\/jpeg"}],"author":"Fatma Salah","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Fatma Salah","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#article","isPartOf":{"@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/"},"author":{"name":"Fatma Salah","@id":"https:\/\/riad-riad.com\/#\/schema\/person\/f98a705747188360783a8f6445a39047"},"headline":"Riad &#038; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO","datePublished":"2023-01-27T23:42:26+00:00","dateModified":"2023-01-28T00:43:31+00:00","mainEntityOfPage":{"@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/"},"wordCount":299,"publisher":{"@id":"https:\/\/riad-riad.com\/#organization"},"image":{"@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage"},"thumbnailUrl":"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg","keywords":["Annual leave","employment","EOS","fiduciary liability","labor","management","managers","senior management","standard of care"],"articleSection":["News","Publications"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/","url":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/","name":"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO - riad-riad.com","isPartOf":{"@id":"https:\/\/riad-riad.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage"},"image":{"@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage"},"thumbnailUrl":"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg","datePublished":"2023-01-27T23:42:26+00:00","dateModified":"2023-01-28T00:43:31+00:00","description":"Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO Publications","breadcrumb":{"@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#primaryimage","url":"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg","contentUrl":"https:\/\/riad-riad.com\/wp-content\/uploads\/2023\/01\/CFO-Litigaiton.jpg","width":1080,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/riad-riad.com\/riad-riad-successfully-defends-a-major-airline-company-in-a-dispute-against-the-cfo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/riad-riad.com\/"},{"@type":"ListItem","position":2,"name":"Riad &#038; Riad Successfully Defends a Major Airline Company in a Dispute Against CFO"}]},{"@type":"WebSite","@id":"https:\/\/riad-riad.com\/#website","url":"https:\/\/riad-riad.com\/","name":"riad-riad.com","description":"Just another WordPress site","publisher":{"@id":"https:\/\/riad-riad.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/riad-riad.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/riad-riad.com\/#organization","name":"Riad & Riad","url":"https:\/\/riad-riad.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/","url":"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png","contentUrl":"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png","width":512,"height":512,"caption":"Riad & Riad"},"image":{"@id":"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/riad-riad.com\/#\/schema\/person\/f98a705747188360783a8f6445a39047","name":"Fatma Salah","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/riad-riad.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7206cfb11b96fd5e380bad8e99a18316?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7206cfb11b96fd5e380bad8e99a18316?s=96&d=mm&r=g","caption":"Fatma Salah"},"url":"https:\/\/riad-riad.com\/author\/fatmasalah\/"}]}},"_links":{"self":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/posts\/3530"}],"collection":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/comments?post=3530"}],"version-history":[{"count":6,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/posts\/3530\/revisions"}],"predecessor-version":[{"id":3537,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/posts\/3530\/revisions\/3537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/media\/3538"}],"wp:attachment":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/media?parent=3530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/categories?post=3530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/tags?post=3530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}