Search for: "Spira Footwear, Inc."
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14 Jun 6:42 am
... advancement provisions. Two of the most talked-about corporate opinions of 2008, JANA Master Fund, Ltd. v. CNET Networks, Inc. and Levitt Corporation v. Office Depot, ... the
SEC, also weighed in on the legality of proxy expense reimbursement bylaw provisions in CA, Inc. v. AFSCME Employees Pension Plan, and the Delaware legislature thereafter
approved ... . v. Black), "agent" (Jackson Walker LLP v. Spira Footwear, Inc. and Zaman), "proceeding" (Donohue v. Corning) and
"final disposition" (Sun-Times), ...
23 Jun, 2008 3:37 pm
Jackson Walker LLP v. Spira Footwear Inc., C.A. 3150-VCP (Del Ch. June 23, 2008) Recently, whether outside counsel is entitled to
advancement under a corporate bylaw that provides for payment of the fees incurred by "agents" has become a hot issue. When the attorney is acting as an "agent" depends on whether he is
acting on behalf of the company in its relationship with a third party. Thus, an attorney who files litigation meets the test, but one who advises the ...
25 Jun, 2008 3:13 am
In Jackson Walker L.L.P. v. Spira Footwear Inc., 2008 WL 2487256 (Del. Ch., June 23, 2008), read opinion here, the Delaware
Chancery ... DGCL Section 145: The crux of this case is whether Jackson Walker's actions as Spira's outside litigation counsel constitute
actions of an agent of the corporation under the Bylaws ... .,50 for their positions as to why Jackson Walker does, or does not, qualify as Spira's agent. In that case, the plaintiff Fasciana was an attorney who represented a target company and ...
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