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Home / Opinion Digests / Corporate – Advancement – Legal Expenses – Del. Law (access required)

Corporate – Advancement – Legal Expenses – Del. Law (access required)

In this contract and tort litigation arising from defendants’ departure from employment with plaintiffs to form their own company, a Richmond U.S. District Court construes controlling Delaware and Ohio law on advancement of legal fees to hold that a single defendant who was a director of one of plaintiff corporations is entitled to advancement under ...