Court of Chancery of Delaware March 20, 1998, C.A. No. 15905 (Nakahara v. NS 1991 American Trust)

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United States · · · 20-03-1998

OPINION

CHANDLER, Chancellor.

Plaintiffs are managing trustees of a Delaware business trust seeking advance indemnification from the trust under an advancement provision in the trust’s governing instrument. The trust agrees that plaintiffs are entitled to advancement.

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