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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
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Court Of Chancery Upholds Contribution Claim
By Morris James LLP on October 2, 2015
Konstantino v. AngioScore Inc., C.A. 9681-CB (October 2, 2015)
This interesting decision both explains the conspiracy theory of jurisdiction and upholds an equitable contribution claim by the company required to advance fees to a director to have the director’s companies contribute toward those fees. This occurs when the second company has benefited by the conduct of the director acting for it.
Tags: Attorney Fees
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