California Corporate & Securities Law

The "usual suspects" when looking for director and officer indemnification requirements are:

Section 317 of the California Corporations Code authorizes, limits and  in one circumstance even mandates the indemnification of a person by reason of the fact that the person is, or was, an "agent" of the corporation.   The statute defines "agent" as "

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:

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....