Can the Company Pay My Fees? Advancement and Indemnification in Business Divorce Litigation

Litigants must pay their own lawyer fees, even if they win, unless a contract, statute, or court rule provides otherwise. But in business divorce and other private company disputes against or between closely held business co-owners, there are a variety of ways for individual defendants to cause the business entity to assume payment of their legal fees in defense of a lawsuit. How?

Franklin C. McRoberts discusses the several factors in authored article “Can the Company Pay My Fees? Advancement and Indemnification in Business Divorce Litigation” published in the New York State Bar Association’s NYLitigator publication.

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Can the Company Pay My Fees? Advancement and Indemnification in Business Divorce Litigation | NYLitigator