1. Home
  2. Browse Decisions
  3. A.3d
  4. 54 A.3d
  5. 54 A.3d 1093 (2012)
 

HERMELIN v. K-V PHARMACEUTICAL CO.

Civil Action No. 6936-VCG.

54 A.3d 1093 (2012)

Marc S. HERMELIN, Plaintiff, v. K-V PHARMACEUTICAL COMPANY, Defendant.

Court of Chancery of Delaware.

Decided: February 7, 2012.

Attorney(s) appearing for the Case

William D. Johnston , Kristen Salvatore DePalma , James M. Yoch, Jr. , and Elisabeth S. Bradley , of Young Conaway Stargatt & Taylor, LLP, Wilmington, Delaware; Of Counsel: Jeffrey E. McFadden and Patrick F. Linehan , of Steptoe & Johnson LLP, Washington, DC, Attorneys for Plaintiff.

Anne C. Foster and Blake Rohrbacher , of Richards, Layton & Finger, P.A., Wilmington, Delaware; Of Counsel: Stephen H. Rovak and Stephen J. O'Brien , of SNR Denton US LLP, St. Louis, Missouri; Kenneth J. Pfaehler , of SNR Denton US LLP, Washington, DC, Attorneys for Defendant.

OPINION

GLASSCOCK, Vice Chancellor.

No corporation can be a success unless led by competent and energetic officers and directors. Such individuals would be unwilling to serve if exposed to the broad range of potential liability and legal costs inherent in such service despite the most scrupulous regard for the interests of stockholders. This is the rationale behind the indemnification and advancement provisions of Delaware corporate law. Currently...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases