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SCHOON v. TROY CORP.

C.A. No. 2362-VCL.

948 A.2d 1157 (2008)

Richard W. SCHOON and Linda J. Bohnen, as executrix of the estate of William J. Bohnen, Plaintiffs, v. TROY CORPORATION, A Delaware corporation, Defendant.

Court of Chancery of Delaware.

Decided: March 28, 2008.

Attorney(s) appearing for the Case

Kevin G. Abrams, Esquire, J. Travis Laster, Esquire, Matthew F. Davis, Esquire, Abrams & Laster, LLP, Wilmington, DE, for the Plaintiffs.

Cathy L. Reese, Esquire, Brian M. Rostocki, Esquire, Fish & Richardson P.C., Wilmington, DE; Michael J. Maimone, Esquire, Edwards Angell Palmer & Dodge, LLP, Wilmington, DE, for the Defendant.

OPINION

LAMB, Vice Chancellor.

In this case, a former and a current director of a Delaware corporation together sue for advancement in connection with defending threatened and pending fiduciary duty based claims filed by the corporation. The corporation initially tried to interject these claims into an action pursuant to 8 Del. C. § 220 initiated by the current director; but, after this court denied that motion, the corporation brought...

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