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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.

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Master in Chancery Summarizes Advancement Law

Fillip v. Centerstone Linen Services LLC, C.A. 8712-ML (December 3, 2013)

This is an excellent summary of the Delaware  law on advancement and why all the arguments against improvidently granted advancement rights are wrong.  For example, it explains why the right to be "defended' includes advancement, but the right just to be indemnified does not.  In short, it is a good case to read before drafting advancement contracts.