Scott Pontone v. Milso Industries Corporation
Court of Chancery of Delaware
1Opinion of the Court
OPINION
PARSONS, Vice Chancellor.
This is an action by a former officer and director of two Delaware companies for advancement from those companies of the legal fees and expenses he has incurred in underlying litigation between the parties in a federal court in Pennsylvania. Although the Pennsylvania action has been pending since 2010, the complaint only seeks indemnification from January 2013. The Pennsylvania litigation at issue in this case is the same underlying litigation at issue in a related case pending before this Court, Harry Pontone v. Milso Industries, et al., Civil Action No.…
2Cases cited35 opinions
- Central Mortgage Co. v. Morgan Stanley Mortgage Capital Holdings LLCSupreme Court of Delaware · 2011
- GMG Capital Investments, LLC v. Athenian Venture Partners ISupreme Court of Delaware · 2012
- Kennedy v. Silas Mason Co.Supreme Court of the United States · 1948
- Price v. E.I. DuPont De Nemours & Co.Supreme Court of Delaware · 2011
- Citadel Holding Corp. v. RovenSupreme Court of Delaware · 1992
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- Diane C. Creel v. Ecolab, Inc.Court of Chancery of Delaware · 2018
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