Andrew Johnston, Amy Simmerman Author Recent Delaware Law Developments in Advancement and Indemnification: An Analytical Guide

January 2010

Wilmington, DE – January 14, 2010 – Morris Nichols’ Delaware Corporate Law Counseling partner Andrew M. Johnston and associate Amy L. Simmerman authored Recent Delaware Law Developments in Advancement and Indemnification:  An Analytical Guide that appears in the current edition of NYU Journal of Law & Business.  Jeffrey Gorris of Paul, Weiss, Rifkind, Wharton & Garrison LLP co-authored.

The article analyzes the flurry of recent advancement and indemnification case and statutory law in Delaware, pointing out, among other things, areas of possible divergences among judges and areas of analytical uncertainty.  The article also summarizes the broad range of issues that have been addressed in this new law, including who can receive advancement and indemnification, by whom, and under what circumstances.

Click here to download a copy of the article (PDF 136 KB)

The NYU Journal of Law and Business is one of NYU Law's newest and most innovative academic journals, providing a forum for dialogue and analysis of current issues, ideas, and problems at the intersection of two dynamic fields: law and business.