Envirokare Tech, Inc. v. Pappas
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION
KAPLAN, District Judge.
This is an action against plaintiffs former chief executive officer, Steve Pappas, for breach of fiduciary duty and a declaration of the continuing validity of a voting trust containing some of the shares of Envirokare Tech, Inc. (“Envirokare”) owned by Pappas. Pappas counterclaims on various theories, but the claim relevant here is that he is entitled pursuant to the company’s by-laws to the advancement of the expenses of defending the company’s breach of fiduciary duty claim against him. The motion is before the Court on Pappas’ motion for partial…
2Cases cited7 opinions
- United States v. TurketteSupreme Court of the United States · 1981
- Jacobellis v. OhioSupreme Court of the United States · 1964
- Cooper Industries, Inc. v. Aviall Services, Inc.Supreme Court of the United States · 2004
- Advanced Mining Systems, Inc. v. FrickeCourt of Chancery of Delaware · 1992
- Adelphia Communications Corp. v. Rigas (In Re Adelphia Communications Corp.)United States Bankruptcy Court, S.D. New York · 2005
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