Main Menu

Court Of Chancery Requires Advancement Absent The Word "Advancement"

Fillip v. Centerstone Linen Services LLC,  C.A. 8712-ML (February 27, 2014)

Too often corporate documents refer to "indemnification" when they really mean "advancement."  Here the Court was required to interpret an agreement that really called for advancing attorney fees but did not use the word "advancement."  Hence, even if the right terminology is not used it still may be possible to win advancement.

Share

awards

  • US News Best Law Firms
  • JD Supra Readers Choice Award
  • Delaware Today Top Lawyers
  • Super Lawyers
Back to Page