Court rejects ex-LIVA boss's €1M severance claim after lawful dismissal
The Regional Court of Linz has rejected a claim by Dietmar Kerschbaum, the former managing director of LIVA, for over one million euros in severance pay. The court ruled that his dismissal in July 2024 was lawful and properly justified. Kerschbaum still faces a separate lawsuit regarding alleged reputational damage.
Kerschbaum had sought roughly one million euros in severance after his termination on July 9, 2024. The court, however, found that LIVA had valid grounds for his dismissal and denied the claim.
Meinhard Lukas, chairman of LIVA’s supervisory board, called the decision a 'partial victory'. He stressed that the ruling highlighted the responsibility of public company executives in managing corporate assets. Despite this outcome, Lukas cautioned that the legal process was not yet fully resolved. Kerschbaum retains the option to appeal the partial judgment within four weeks. Meanwhile, his separate case concerning reputational harm remains ongoing. Lukas added that a final evaluation of the entire dispute would be premature at this stage.
The court’s decision confirms the validity of Kerschbaum’s dismissal and rejects his severance demand. The case, however, is not yet closed, as further legal proceedings are still pending. Kerschbaum now has a limited window to challenge the ruling.
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