Kaung v. Cole National Corp.
Supreme Court of Delaware
1Opinion of the Court
RIDGELY, Justice:
This appeal challenges rulings of the Court of Chancery made in the context of an advancement proceeding for litigation expenses. The case was brought by the plaintiff-appellant, Thomas T.S. Kaung (“Kaung”), as a corporate officer under 8 Del. C. § 145 (“Section 145”), against the defendant-appellee, Cole National Corporation (“Cole”). The Court of Chancery ruled that Kaung was not entitled to receive advancement of any part of his attorneys’ fees and expenses related to time spent with a non-lawyer consultant. The Court of Chancery next ruled that Cole was entitled to recoup…
2Cases cited22 opinions
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- Roadway Express, Inc. v. PiperSupreme Court of the United States · 1980
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