Recent Developments in Director and Officer Indemnification and Advancement Rights 2024

Editor

Michael A. Dorelli

Dentons Bingham Greenebaum LLP
2700 Market Tower
10 West Market Street
Indianapolis, IN 46204
(317) 635-8900
[email protected]
www.dentons.com

Contributors

Moncerrat Alvarez

Dentons Bingham Greenebaum LLP
2700 Market Tower
10 West Market Street
Indianapolis, IN 46204
(317) 635-8900
[email protected]

Francis G.X. Pileggi

Lewis Brisbois Bisgaard & Smith LLP
500 Delaware Avenue, Suite 700
Wilmington, DE 19801
(302) 985-6002
[email protected]
www.DelawareLitigation.com

Sean M. Brennecke

Lewis Brisbois Bisgaard & Smith LLP
500 Delaware Avenue, Suite 700
Wilmington, DE 19801
(302) 985-6002
[email protected]

Aimee M. Czachorowski

Lewis Brisbois Bisgaard & Smith LLP
500 Delaware Avenue, Suite 700
Wilmington, DE 19801
(302) 985-6002
[email protected]

Andrew J. Czerkawski

Lewis Brisbois Bisgaard & Smith LLP
500 Delaware Avenue, Suite 700
Wilmington, DE 19801
(302) 985-6002
[email protected]

Fanta M. Toure

Lewis Brisbois Bisgaard & Smith LLP
500 Delaware Avenue, Suite 700
Wilmington, DE 19801
(302) 985-6002
[email protected]

Katherine R. Welch

Lewis Brisbois Bisgaard & Smith LLP
500 Delaware Avenue, Suite 700
Wilmington, DE 19801
(302) 985-6002
[email protected]

C. Phillip Buffington Jr.

Balch & Bingham LLP
188 E. Capitol Street, Suite 1400
Jackson, MS 39201-2133
[email protected]

Timothy J. Anzenberger

Adams and Reese LLP
1018 Highland Colony Parkway, Suite 800
Ridgeland, MS 39157
(601) 353-3234
[email protected]

Deborah Challener

Adams and Reese LLP
1018 Highland Colony Parkway, Suite 800
Ridgeland, MS 39157
(601) 353-3234
[email protected]

Mary Clark Joyner

Adams and Reese LLP
1018 Highland Colony Parkway, Suite 800
Ridgeland, MS 39157
(601) 353-3234
[email protected]



§ 4.1. Introduction


This chapter summarizes significant recent legislative and case law developments[1] concerning the indemnification of directors, officers, employees, and agents by the corporations or other entities they serve, as well as the rights of such persons to the advancement of litigation expenses before final resolution of the litigation.

Although much of this chapter focuses on Delaware case law developments, due to the state’s preeminence in matters of corporate law, the chapter also includes summaries of decisions from both state and federal jurisdictions other than Delaware that either apply Delaware law or otherwise present analysis …

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