Suppose you desire to place your prized collection of bibelots into storage. The storage company offers to assume the risk of loss for an additional monthly payment. Have you entered into:
- a bet;
- an indemnity contract; or
- an insurance contract?
Imagine how frustrated you would be if you sued someone and the defendant responded by demanding that you advance his legal expenses in defending your lawsuit. The plaintiff in Allergia, Inc. v. Bouboulis, 2017 U.S. Dist. LEXIS 7759 (S.D. Cal. Jan....
Corporate Governance, advancement of expenses, Allergia, Inc. v. Bouboulis, indemnification, Janis L. Sammartino, Section 317
Keith Paul Bishop
