Citadel Holding Corp. v. Roven

WALSH, Justice.

This is an appeal from a decision of the Superior Court awarding damages in an action brought by a former director against Citadel Holding corporation (“Citadel”) under an indemnification agreement. The court ruled that the director, Alfred Roven (“Roven”), was entitled to reimbursement for sums paid or costs incurred by him to defray litigation expenses in a federal court action brought against him by Citadel. Ro-ven cross-appeals from the Superior Court’s denial of prejudgment interest. We affirm the Superior Court’s ruling on the merits of the contractual dispute but reverse…