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New considerations in mandatory and permissive indemnification under Delaware law: an analysis of Hermelin v. K-V Pharmaceutical Company

Jenner & Block
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USA
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February 27 2012

On February 7, 2012, the Delaware Chancery Court (the “Court”) decided Hermelin v. K-V Pharmaceutical Company

The SEC requires a CEO to repay incentive-based compensation after accounting staffers’ embezzlement causes company restatement

Jenner & Block
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USA
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January 31 2012

On October 24, 2011, the SEC announced that it had filed a settled civil enforcement action requiring, under Section 304 of Sarbanes-Oxley, the CEO of a public company to repay all of his cash and equity-based bonus compensation received for three years the company restated

“The elephant in the room”: indictment of former GlaxoSmithKline in-house attorney dismissed due to prosecutors’ misstatement of advice of counsel defense to grand jurors

Jenner & Block
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USA
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March 24 2011

A federal district court has dismissed the indictment of a former in-house counsel at pharmaceutical company GlaxoSmithKline ("GSK"), Lauren Stevens, who was charged in November 2010 with obstruction of a proceeding, false statements, and falsifying or concealing documents, for her role in responding to a document request from the Food and Drug Administration ("FDA"

Court ends defense costs coverage for Allen Stanford under D&O policies prior to a final adjudication of civil and criminal liability

Jenner & Block
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USA
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December 12 2010

Upon remand after a decision by the U.S. Court of Appeals for the Fifth Circuit the United States District Court for the Southern District of Texas recently issued a decision ending directors and officers liability (“D&O”) insurance coverage for R. Allen Stanford and other Stanford Financial executives prior to a final adjudication of such executives’ criminal and civil liability

Stanford Financial’s D&O insurers enjoined from unilaterally refusing defense cost advancement

Jenner & Block
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USA
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March 17 2010

The U.S. Court of Appeals for the Fifth Circuit has issued a significant decision concerning the obligation of directors' and officers' liability insurers to fund their insureds’ defense

Search results

New considerations in mandatory and permissive indemnification under Delaware law: an analysis of Hermelin v. K-V Pharmaceutical Company

The SEC requires a CEO to repay incentive-based compensation after accounting staffers’ embezzlement causes company restatement

“The elephant in the room”: indictment of former GlaxoSmithKline in-house attorney dismissed due to prosecutors’ misstatement of advice of counsel defense to grand jurors

Court ends defense costs coverage for Allen Stanford under D&O policies prior to a final adjudication of civil and criminal liability

Stanford Financial’s D&O insurers enjoined from unilaterally refusing defense cost advancement

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