Day v. Diligence, Inc., C.A. No. 2020-0076-SG (Del. Ch. May 7, 2020) -
By letter ruling, the Court of Chancery held that plaintiff, a director and former officer of the entity defendant, (“Plaintiff”), was entitled to the...more
Sider v. Hertz Global Holdings Inc., C.A. No. 2019-0237-KJSM (Del. Ch. Jun 17, 2019).
Prior to this ruling, no Delaware opinion had addressed the question of whether decisions granting entitlement to advancement rights are...more
Advancement provides corporate officials with immediate interim relief from the personal out-of-pocket financial burden of paying the significant ongoing expenses inevitably involved with defending investigations and legal...more