The Court of Chancery has recently issued an opinion granting partial summary judgment in favor of an advancement claim made by a director convicted of wrongdoing. By way of background,
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Advancement
Advancement of Fees: When Multiple Sources are Implicated
By Fox Rothschild LLP on
In the case of Pontone v. Milso Industries Corp., C.A. No. 8842-VCP (Aug. 22, 2014), Vice Chancellor Parsons addressed the issue of from which source a director or…
Continue Reading Advancement of Fees: When Multiple Sources are Implicated
Court of Chancery Denies Plaintiff Hermelin’s Motion for Judgment on the Pleadings
By Fox Rothschild LLP on
In a recent decision by Vice Chancellor Glasscock, Hermelin v. K-V Pharm. Co., C.A. No. 6936-VCG, the Court of Chancery examined whether to grant Plaintiff’s motion for judgment on…
Continue Reading Court of Chancery Denies Plaintiff Hermelin’s Motion for Judgment on the Pleadings