Publication Date: 2019-07-24
Practice Area: Labor Law
Industry: Software
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Douglas D. Herrman, James H.S. Levine, Ellis E. Herington and Jay A. Dubow, Pepper Hamilton LLP, Wilmington, DE and Philadelphia, PA for petitioners.
for defendant: Patricia L. Enerio and Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Adam P. Samansky, Frank J. Earley and Andre Cizmarik, Mintz, Levin, Cohn, Ferris, Glovsky and Pope, P.C., Boston, MA and New York, NY for respondent.
Case Number: D68639
Former directors and officers were entitled to some advancement under former employer's corporate charter where employer's allegations of misappropriation of confidential information and property arose, at least in part, from the former directors' and officers' status as directors and officers to which they were entitled advancement for claims arising from such status.