King & SpaldingยทCORPORATE / M&A

Delaware Chancery Denies Former Officer's Advancement Claim on Unclean Hands

A Vice Chancellor of the Delaware Court of Chancery accepted an "unclean hands" defense to reject a former officer's request for advancement of legal fees in litigation arising from his own prior misconduct.

delaware-chanceryadvancement-of-feesindemnificationunclean-handsofficer-dutiesd-and-o-insurance

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