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justthefactsmam

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justthefactsmam

Re: A deleted message

Saturday, 04/20/2019 11:35:08 AM

Saturday, April 20, 2019 11:35:08 AM

Post# of 37346
will be interesting to see how the indemnification and exculpation arguments go. not interested enough to research it but am sure both shc and the defendants will be looking at the corporate bylaws about how those issues are addressed re: fronting or reimbursing legal fees for d&o's who are sued. seems to put sears in a bind as the company suing who will not want to "honor" those provisions in their bylaws. still think the insurer is going to be dragged into this.
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