X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
L-R Francis Pileggi and Chauna Abner, Eckert Seamans Cherin & Melott. L-R Francis Pileggi and Chauna Abner, Eckert Seamans Cherin & Melott.

A recent Delaware Court of Chancery decision acknowledged a pattern of corporations providing directors with advancement rights, and then when those directors attempt to exercise those rights, the corporations resist, claiming that exceptional circumstances exist that require the court to deviate from the principles of law granting advancement, see Nielsen v. EBTH, C.A. No. 2019-0164-MTZ at *2 (Del. Ch. Sept. 30, 2019). In Nielsen, Vice Chancellor Morgan T. Zurn made it clear that few cases present facts that will cause the court to deviate from “Delaware’s standard favoring advancement.”

This premium content is locked for
Delaware Business Court Insider subscribers only.

*May exclude premium content
Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

 

Product LiabilityBook

An excellent comprehensive guide for the products liability practitioner ... a must for every litigator's law library. Richard J. Phelan, Past President of t...
Get More Information

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.