Vergopia v. Shaker
Supreme Court of New Jersey
1Per curiam
At issue in this appeal is indemnification. Stephen A. Zelnick was both a corporate officer of and outside counsel to Hometown Auto Retailers, Inc. (Hometown), a Delaware corporation with its principal place of business in Connecticut. In 2003, he was added as a defendant in a civil action that was brought against Hometown by two of its former senior employees, plaintiffs Salvatore and Edward Vergopia. Plaintiffs claimed that Hometown wrongfully ousted them from the corporation. Hometown asked its insurance carriers to defend and indemnify Zelnick, but its request was denied. Accordingly,…
2Cases cited11 opinions
- In Re Walt Disney Co. Derivative LitigationSupreme Court of Delaware · 2006
- Stifel Financial Corp. v. CochranSupreme Court of Delaware · 2002
- Fasciana v. Electronic Data Systems Corp.Court of Chancery of Delaware · 2003
- Centaur Partners, IV v. National Intergroup, Inc.Supreme Court of Delaware · 1990
- VonFeldt v. Stifel Financial Corp.Supreme Court of Delaware · 1998
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