Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Oftentimes our courts must consider conflicts between public policies embodied in state and federal statutes, a task made more complex when one or both statutes are ambiguous or do not expressly address a particular manifestation of a societal concern within the ambit of the policies. Recently, the U.S. Court of Appeals for the Eleventh Circuit was called upon to address an apparent conflict between the policies underlying the provisions of (1) the Delaware General Corporation Law empowering corporations (a) to indemnify officers and directors from expenses, including judgments, settlements and legal fees, incurred in the defense of actions brought or threatened by reason of their corporate positions,1 and (b) to advance the payment of such expenses pending the final disposition of such actions,2 and (2) the provisions of the Private Securities Litigation Reform Act (PSLRA) mandating certain aspects of a “bar order” discharging a settling defendant from future claims arising from the settled action.3 In re: HealthSouth Corporation Securities Litigation, 2009 WL 1675398 (11th Cir. June 17, 2009).

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com


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 © 2020 ALM Media Properties, LLC. All Rights Reserved.