· 1/5/2001
Gentile v. SinglePoint Financial, Inc.
Citations
- 787 A.2d 102
- 2001 Del. Ch. LEXIS 4
- 2001 WL 30068
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- denying indemnification for intervenor where party’s claims would not necessarily be barred in subsequent proceeding
- The former director‟s intervention in the corporation‟s action against its client was not the same as a compulsory counterclaim under Citadel, because the director “was not faced with a „use-it-or-lose-it‟ scenario . . .”
- “[I]t has become common corporate practice to adopt mandatory indemnification and advancement provisions. Where such a mandatory provision exists, the rights of potential recipients of such advancements will be enforced as a contract.” (footnote omitted)
Source: CourtListener parenthetical corpus (CC0).
Judges: Lamb
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.