03/25/2012 08:00:00 PM EST
Delaware Chancery Court Finds No Inherent Conflict between Strict Criminal Liability under the Responsible Corporate Officer Doctrine and Indemnification for Legal Fees and Expenses
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In Hermelin v. K-V Pharmaceutical Company, the Delaware Court of Chancery recently addressed the question whether Delaware corporations have an obligation to indemnify officers and directors convicted of strict liability crimes under the Food Drug and
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