Strohm v. Clearone Communications, Inc.

Justice LEE,

Opinion of the Court as to Sections I-VI and VIII; dissenting as to Section VII:

€ 1 This case concerns a corporation's statutory and contractual duty to indemnify a corporate officer's eriminal defense costs. Susie Strohm, the one-time CFO of ClearOne Communications, Inc., was charged with eight federal criminal counts relating to an investigation into certain accounting practices at ClearOne. She was later acquitted of all but one count. Strohm and her counsel, Dorsey, asserted that ClearOne is obligated by statute and contract to indemnify her (and, by extension, Dorsey) for her…