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DANENBERG v. FITRACKS, INC.

C.A. No. 6454-VCL.

58 A.3d 991 (2012)

Noam DANENBERG, Petitioner, v. FITRACKS, INC., Respondent.

Court of Chancery of Delaware.

Decided: March 5, 2012.

Attorney(s) appearing for the Case

Edmond D. Johnson , Bradley W. Voss , Pepper Hamilton LLP, Wilmington, Delaware; Attorneys for Petitioner.

William E. Manning , James D. Taylor, Jr. , Saul Ewing LLP, Wilmington, Delaware; Michael S. Gugig , Saul Ewing LLP, Newark, New Jersey; Attorneys for Respondent.

OPINION

LASTER, Vice Chancellor.

The parties dispute the amount that defendant Fitracks, Inc. must advance to Noam Danenberg in connection with his defense of claims asserted against him by Aetrex Worldwide, Inc., Fitracks' parent, in litigation pending before the United States District Court for the District of Delaware (the "Underlying Action"). They also dispute the amount that Fitracks must pay Danenberg as indemnification for this proceeding...

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