Numerous decisions from the Delaware courts establish that a company cannot abandon its promise to advance legal fees and expenses when the covered director, officer, or employee properly invokes it....more
Remember 2002? That year, A Beautiful Mind won best picture, and the University of Maryland won the NCAA basketball tournament. It is also the year that Rite Aid and its former General Counsel, Franklin Brown, began...more
9/13/2016
/ Advancement ,
Appeals ,
Corporate Counsel ,
Corporate Executives ,
Corporate Misconduct ,
Criminal Prosecution ,
Declaratory Rulings ,
Indemnification Clauses ,
Laches ,
Litigation Fees & Costs ,
Petition for Writ of Certiorari ,
Rite Aid ,
Scandals ,
Statute of Limitations