Supreme Court of Delaware

STIFEL FIN. CORP. v. COCHRAN, 548/549, 2001

Read STIFEL FIN. CORP. v. COCHRAN, 548/549, 2001
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A corporate officer's claim for indemnification is a contract/statutory claim, governed by the three-year statute of limitations in Delaware Code section 8106, and was not time-barred; no demand on the board of directors was necessary prior to filing suit, and expenses incurred in bringing the indemnification suit itself were recoverable.

Appellate Information

Decided 06/13/2002
Published 06/18/2002

Judges

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