Legal Opinion
Homestore, Inc. v. Tafeen
Supreme Court of Delaware
Decided June 8, 2005No. 223,2005PublishedCited by 23 opinions
1Opinion of the Court
HOLLAND, Justice:
The Court has before it a Motion for Stay Pending Appeal filed by the defendant-appellant, Homestore, Inc. The plaintiff-appellee, Peter Tafeen, commenced this statutory proceeding under Del.Code Ann. tit. 8, § 145(e) on October 28, 2003. Tafeen seeks the advancement of legal fees and expenses that he is incurring in ongoing legal proceedings, in accordance with the mandatory advancement provision in Homestore’s by-laws.
Section 145(e) permits Delaware corporations to make indemnity payments “in advance of the final disposition” of the “underlying litigation upon an…
2Cases cited2 opinions
- Frances Kern v. Txo Production CorporationCourt of Appeals for the Eighth Circuit · 1984
- Stifel Financial Corp. v. CochranSupreme Court of Delaware · 2002
3Cited by23 opinions
- Kaung v. Cole National Corp.Supreme Court of Delaware · 2005
- Westar Energy, Inc. v. LakeCourt of Appeals for the Tenth Circuit · 2009
- United States v. SteinDistrict Court, S.D. New York · 2006
- United States v. SteinDistrict Court, S.D. New York · 2006
- Miller v. MillerOhio Supreme Court · 2012
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