Del. High Court Is Told Suit Fees Ruling Could Backfire
By Jeff Montgomery ( February 25, 2016, 12:15 AM EST) -- An attorney for two former venture capital company officials told Delaware Supreme Court justices Wednesday that the Chancery Court carved a "potentially disastrous" exception into the state's customary support for director indemnifications last year when it refused to make their legal expenses priority claims in a receivership....
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