Tag Archives: Litigation Expenses

Advancement of Legal Expenses – A Detailed Procedure For How Your Company May be Required to Pay (Advance) Your Legal Expenses

If you are a director, officer, member, manager, or even an employee in a business, and you find yourself in a legal dispute (formal litigation or otherwise), the business may be required to pay (advance) your legal expenses as they … Continue reading

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Delaware Court of Chancery’s 12.28.10 Opinion re: Advancement of Legal Expenses

I’ve previously written in a general fashion on the topic of advancement of legal expenses here, but the Delaware Court of Chancery’s most recent opinion, in addition to being a unique read, provides additional insight and information on the topic for … Continue reading

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5 Things You Should Consider Before Filing a Complaint Involving a Business.

5 Things You Should Consider Before Filing a Complaint Involving a Business.

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Advancement / Reimbursement of Legal Expenses

The Costs of Legal Proceedings That All Corporate Officers, Directors, and Corporate Counsel Should Consider Arizona law provides several unique protections to directors and officers. Included among these protections is the ability for an officer/director to receive reimbursements and advances … Continue reading

Posted in Business Owner, Litigation, Shareholder | Tagged , , , , , , , , , , , , , , , | 4 Comments