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Court Of Chancery Upholds Indemnification Rights Not Expressly Subject To Arbitration

Jiampietro v. The Goldman Sachs Group Inc., C.A. 12601-VCL (Transcript, August 11, 2016)

Many employment agreements require that any dispute be arbitrated. But when the dispute is over the employee’s right to indemnification under bylaws or statute, then the arbitration clause better expressly cover that claimed right or otherwise the non-contractual right remains for a court to decide.

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blog, complex commercial litigation, corporate counseling & litigation