Posts Tagged ‘indemnification’
Labor Code section 2802 Does Not Apply to Employer’s Unsuccessful Suit Against Employee
In Nicholas Laboratories, LLC v. Chen (October 12, 2011) 11 C.D.O.S. 12769, the court decided that an employer was not obligated to indemnify its employee for expenses the employee incurred in successfully defending himself against employer’s lawsuit for breach of contract and other claims. Nicholas Laboratories, LLC (“Nicholas Labs”), a Delaware limited liability company, sued…
Read MoreZalkind v. Ceradyne, Inc.
In Zalkind v. Ceradyne, Inc. (2011) 194 Cal. App. 4th 1010, Ceradyne, Inc. (Ceradyne), entered into an asset purchase agreement (asset purchase agreement) with Stanley and Elizabeth Zalkind (the Zalkinds) and Quest Technology, LP (Quest), a limited partnership owned by the Zalkinds. Under the terms of the asset purchase agreement, Ceradyne purchased all of Quest’s…
Read More